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Allendale 7 Room Hotel Hexham NE47 9BD £530,000 (£75,714/Room)
Investment Highlights
- EPC Rating D
- Eight well-appointed bathrooms
- Rateable value stated at £5,900 from 1 April to present, sourced from VOA
- Driveway parking / nearby parking
- Includes gardens, terrace, balcony, patio, outdoor dining area, hot tub and sauna
- VAT applicable on the purchase price
Executive Summary
The property is Marketing brochure’s listing for The Dale Manor, Market Place, Allendale, Hexham, Northumberland, NE47 9BD, offered for sale by auction via secure online bidding with a starting bid of £530,000. The property is freehold and VAT is stated as applicable on the purchase price, with guidance that VAT may be disapplied for residential use if the appropriate form is submitted at least 48 hours before the auction. The brochure identifies the asset as a hotel with B&B business type, comprising a seven-bedroom manor property with eight bathrooms, leisure facilities and driveway or nearby parking.
Property Facts
| Price | £530,000 | Costar Property Class | C |
| Price Per Room | £75,714 | Total Plot Size | 0.08 ac |
| Sale Type | Investment | Property Size | 3,326 sq ft |
| Sale Condition | Auction Sale | No. Rooms | 7 |
| Tenure | Freehold | No. Floors | 4 |
| Property Type | Hospitality | Year Built | 1985 |
| Property Subtype | Hotel |
| Price | £530,000 |
| Price Per Room | £75,714 |
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | C |
| Total Plot Size | 0.08 ac |
| Property Size | 3,326 sq ft |
| No. Rooms | 7 |
| No. Floors | 4 |
| Year Built | 1985 |
Room Mix Information
| Description | No. Rooms | Daily Rate | sq ft |
|---|---|---|---|
| Guest Room | 7 | - | - |
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