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The Malt Shovel Blackmore Ln 8 Room Hotel Cannington TA5 2NE £480,000 (£60,000/Room) 7.31% Net Initial Yield
Investment Highlights
- Comprises public house with restaurant, large beer garden and private car park
- Cannington is a village and civil parish 3 miles (5 km) northwest of Bridgwater, Somerset.
- Includes 8 letting rooms and 1-bedroom owner`s accommodation
Executive Summary
Comprises public house with large beer garden and car parking for c. 40 cars, full restaurant, 8 letting rooms and 1-bedroom owner`s accommodation.
Property Facts
| Price | £480,000 | Total Plot Size | 0.63 ac |
| Price Per Room | £60,000 | Property Size | 5,339 sq ft |
| Sale Type | Investment | No. Rooms | 8 |
| Yield | 7.31% | No. Floors | 2 |
| Tenure | Freehold | Year Built | 1863 |
| Property Type | Hospitality | Parking Allocation | 5.99/1,000 sq ft |
| Property Subtype | Hotel | Corridor | Interior |
| Costar Property Class | B |
| Price | £480,000 |
| Price Per Room | £60,000 |
| Sale Type | Investment |
| Yield | 7.31% |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | B |
| Total Plot Size | 0.63 ac |
| Property Size | 5,339 sq ft |
| No. Rooms | 8 |
| No. Floors | 2 |
| Year Built | 1863 |
| Parking Allocation | 5.99/1,000 sq ft |
| Corridor | Interior |
Amenities
- Restaurant
- Patio
- On-Site Bar
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | sq ft |
|---|---|---|---|
| Guest Room | 8 | £81.00 | - |
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The Malt Shovel | Blackmore Ln
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