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Savoy Hotel 6 Central Promenade 20 Room Hotel Isle Of Man IM2 4LU £2,000,000 (£100,000/Room)



INVESTMENT HIGHLIGHTS
- Full renovation completed in 2021
- Amazing sea views
- Promenade Location
EXECUTIVE SUMMARY
Successfully-operated prime sea front hotel 20 guest suites accommodating 47 beds. Generated impressive income leavels and healthy profits year on year.
PROPERTY FACTS
| Price | £2,000,000 | Total Plot Size | 0.16 ac |
| Price Per Room | £100,000 | Property Size | 5,467 sq ft |
| Sale Type | Investment | No. Rooms | 20 |
| Tenure | Freehold | No. Floors | 6 |
| Property Type | Hospitality | Year Built/Renovated | 1870/2021 |
| Property Subtype | Hotel | Corridor | Interior |
| Costar Property Class | B |
| Price | £2,000,000 |
| Price Per Room | £100,000 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | B |
| Total Plot Size | 0.16 ac |
| Property Size | 5,467 sq ft |
| No. Rooms | 20 |
| No. Floors | 6 |
| Year Built/Renovated | 1870/2021 |
| Corridor | Interior |
AMENITIES
- Fitness Centre
- Pool
- Restaurant
- On-Site Bar
- Beach (direct access)
- Wedding Venue
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Suite | 1 | £189.00 | - |
| Guest Room | 19 | £119.00 | - |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Partners - Isle of Man
Savoy Hotel | 6 Central Promenade
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