Versatile AirBnB/Guest House in Essex with HMO Conversion Potential for Sale
Undisclosed, Essex
- Status
FOR SALE
- Date Submitted:
09/02/24
- Advert ID
606553
- Reference
RX353427 / Rightbiz
- Call Agent:
- Freehold: £995,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
AIR BNB GUEST HOUSE & POTENTIAL HMO (STP)
AIR BNB / GUEST HOUSE & POTENTIAL HMO (STP) - WESTON ROAD, SOUTHEND-ON-SEA - We are delighted to present an exciting and versatile property, offering a rare gem in the heart of Southend-on-Sea. This imposing Airbnb/holiday let property comprises of two separate buildings, providing an array of possibilities for a purchaser. The property is currently operating as a successful Airbnb/holiday let business, with both buildings immaculately presented throughout, reflecting the care and attention given to its maintenance. For those with a keen eye for investment, the property holds immense potential for expansion and adaptation. Subject to planning permission, the buildings could be transformed into a spacious 14-bedroom House in Multiple Occupation (HMO), catering to the growing demand in the rental market. Alternatively, the option to convert the buildings into separate flats provides a creative avenue for maximising the property's value. This flexibility allows investors to capitalise on the unique dynamics of the property market in the area. We believe this is a rare chance to acquire a property with such potential in this sought-after location, whether as a thriving Airbnb/holiday let business, a lucrative HMO, or individual flats. Positioned along Weston Road, just off the main high street of Southend-on-Sea, and a mere 0.1 miles from Southend Central train station, the property's location further enhances its appeal, making it a standout opportunity in the area. Being in such close proximity to Southend Central train station, offers unparalleled connectivity, making it a convenient choice for both guests and potential residents. The property benefits from the vibrant atmosphere and amenities that Southend-on-Sea's High Street provides, meaning residents and/or guests can indulge in the diverse range of shops, restaurants, and entertainment options. To fully appreciate the possibilities and the quality of the premises, we strongly advise you to scheduling a viewing. Contact us today to arrange your viewing!
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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