Stay Coastal Hotel, located on Linden Terrace, Whitley Bay, is listed by A J P Property Services. A six-bedroom hotel, Stay Coastal is in a 'prime spot', directly adjacent to Whitley Bay beach, and offers potential buyers a monthly income of £10,000 to £12,000. Estate agents AJP describe the property as "luxurious", combining "elegant design with modern amenities.
" The location is said to attract both leisure and business travellers due to its proximity to local attractions, dining spots, and entertainment venues. It is a fully operational six-room hotel with established systems and vendor relationships, according to the estate agents, making the transition smooth for any new owner. All rooms are fully furnished.
One of the rooms can function either as a bedroom or a lounge, offering flexibility to the new owner and all bedrooms are en-suite. Most read Get the latest news, sports, and entertainment delivered straight to your device by subscribing to The Northern Echo here. The ground floor houses two king-size bedrooms and the main kitchen, while the middle floor features another king-size room and a family suite, along with a plant room and linen store.
The top floor has a king-size room, a family suite, and a storage cupboard. The estate agents state: "This is an exceptional investment opportunity in Whitley Bay where property prices have risen by approximately 16% over the past three years and this property offers a gross income of approximately £12,000 per month." Stay.
