Ethelbert Crescent, Margate, Kent, CT9 10 bed townhouse for sale

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Ethelbert Crescent, Margate, Kent, CT9 10 bed townhouse for sale

Ethelbert Crescent, Margate, Kent, CT9
£900,000

Our Summary

  • Boasting planning permission to be converted into apartments, this property presents a unique chance to further maximize its potential profitability
  • As this property is being sold at auction, it presents an exceptional opportunity to secure an investment at a potentially favorable price

Description

This exceptional hotel property at 8 Ethelbert Crescent, Kent, offers a unique investment opportunity for those looking to capitalize on the booming hospitality industry. With 10 spacious rooms, 10 bathrooms, and a basement flat, the property spans 4000 sqft, providing ample space for expansion and potential conversion into apartments. The hotel is operational, generating immediate revenue, and is situated in a prime location close to local amenities and transportation links. The property's luxurious design and private bathrooms ensure a comfortable stay for guests, while the stylish reception rooms provide a perfect setting for relaxation and socializing. With planning permission in place for conversion, this property presents a hassle-free and potentially lucrative venture, offering flexibility and excellent potential for future growth. As it is being sold at auction, investors can secure this exceptional opportunity at a potentially favorable price, making it an attractive option for those looking to expand their portfolio.