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The Curraghmore 22 Hope Rd 20 Room Hotel Shanklin PO37 6EA £450,000 (£22,500/Room)
INVESTMENT HIGHLIGHTS
- Shanklin is a popular residential town and a well know tourist destination
- Local transport links
- Close to Seafront
EXECUTIVE SUMMARY
Development site situated in an elevated position on Hope Road giving extensive sea views. Outline planning for demolition of existing extensions to the Curraghmore Hotel and the construction of 8 two-bedroom apartments, all with sea views. Access to the apartments and parking will be from Beatrice Avenue.
Our client is asking £450,000 for this freehold development opportunity.
Outline planning has been passed. Please visit IW Planning beta.iow.gov.uk/planning Ref: 21/01941/OUT for further details.
Our client is asking £450,000 for this freehold development opportunity.
Outline planning has been passed. Please visit IW Planning beta.iow.gov.uk/planning Ref: 21/01941/OUT for further details.
PROPERTY FACTS
| Price | £450,000 | Costar Property Class | C |
| Price Per Room | £22,500 | Total Plot Size | 0.45 ac |
| Sale Type | Investment | Property Size | 8,125 sq ft |
| Tenure | Freehold | No. Rooms | 20 |
| Property Type | Hospitality | Year Built | 1961 |
| Property Subtype | Hotel | Parking Allocation | 1.23/1,000 sq ft |
| Price | £450,000 |
| Price Per Room | £22,500 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | C |
| Total Plot Size | 0.45 ac |
| Property Size | 8,125 sq ft |
| No. Rooms | 20 |
| Year Built | 1961 |
| Parking Allocation | 1.23/1,000 sq ft |
AMENITIES
- Restaurant
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Guest Room | 20 | £95.00 | - |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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The Curraghmore | 22 Hope Rd
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