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Portmann Hotel 42 Portland Rd 7 Room Hotel Kilmarnock KA1 2DL £300,000 (£42,857/Room)
INVESTMENT HIGHLIGHTS
- Comes with car park
- Close to train and bus station
- Potential for conversion
EXECUTIVE SUMMARY
Former hotel, restaurant, function venue and bar for sale. The property has potential for residential conversion, aparthotel, or sub-division with room for additional building plot in the beer garden space. Space comes with a private car park.
The subjects are located within the town of Kilmarnock, the principal settlement in the East Ayrshire Council area (population of around 46,500). Kilmarnock is located around 22 miles south-west of Glasgow, immediately west of the A77/M77. The subjects comprise a detached former hotel, bar, and restaurant formed primarily in blonde sandstone/brick surmounted in pitched, hipped and slated roof incorporating various dormer projections.
The subjects are located within the town of Kilmarnock, the principal settlement in the East Ayrshire Council area (population of around 46,500). Kilmarnock is located around 22 miles south-west of Glasgow, immediately west of the A77/M77. The subjects comprise a detached former hotel, bar, and restaurant formed primarily in blonde sandstone/brick surmounted in pitched, hipped and slated roof incorporating various dormer projections.
PROPERTY FACTS
| Price | £300,000 | Costar Property Class | C |
| Price Per Room | £42,857 | Total Plot Size | 0.04 ac |
| Sale Type | Investment | Property Size | 2,843 sq ft |
| Tenure | Freehold | No. Rooms | 7 |
| Property Type | Hospitality | Year Built | 1980 |
| Property Subtype | Hotel | Parking Allocation | 1.76/1,000 sq ft |
| Price | £300,000 |
| Price Per Room | £42,857 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | C |
| Total Plot Size | 0.04 ac |
| Property Size | 2,843 sq ft |
| No. Rooms | 7 |
| Year Built | 1980 |
| Parking Allocation | 1.76/1,000 sq ft |
AMENITIES
- Restaurant
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Guest Room | 7 | £97.00 | - |
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Portmann Hotel | 42 Portland Rd
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