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The New Atlas Hotel 24 Reads Av 10 Room Hotel Blackpool FY1 4BP £210,000 (£21,000/Room) 9.14% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Comprises newly renovated and fully licensed 10-bedroom hotel (all en-suite)
- Blackpool is a seaside resort on the Irish Sea coast of England.
- Located within walking distance from the seafront with occupiers close by include number of restaurants, supermarkets, pubs and hair salon/barbers.
EXECUTIVE SUMMARY
The property comprises three-storey hotel with 10 bedrooms (all-ensuite). The rooms sizes vary between single, double and family.
PROPERTY FACTS
| Price | £210,000 | Total Plot Size | 0.04 ac |
| Price Per Room | £21,000 | Property Size | 2,475 sq ft |
| Sale Type | Investment | No. Rooms | 10 |
| Yield | 9.14% | No. Floors | 3 |
| Tenure | Freehold | Year Built | 1900 |
| Property Type | Hospitality | Parking Allocation | 0.81/1,000 sq ft |
| Property Subtype | Hotel | Corridor | Interior |
| Costar Property Class | C |
| Price | £210,000 |
| Price Per Room | £21,000 |
| Sale Type | Investment |
| Yield | 9.14% |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | C |
| Total Plot Size | 0.04 ac |
| Property Size | 2,475 sq ft |
| No. Rooms | 10 |
| No. Floors | 3 |
| Year Built | 1900 |
| Parking Allocation | 0.81/1,000 sq ft |
| Corridor | Interior |
AMENITIES
- High Speed Internet Access
- Public Access Wi-Fi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Guest Room | 10 | £62.00 | - |
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The New Atlas Hotel | 24 Reads Av
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