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Royal Hotel Market St 5 Room Hotel Hayfield SK22 2EP £850,000 (£170,000/Room)
INVESTMENT HIGHLIGHTS
- Situated in the Peak District National Park.
- The village itself is located approximately 12 miles east of Stockport and 6 miles north of Buxton.
- It is positioned at the very heart of the village, adjacent to the cricket pitch.
EXECUTIVE SUMMARY
The property is available Freehold with vacant possession. Alternatively, the property is available To Let on free of tie terms with a Guide Rent of £65,000 per annum.
The Royal Hotel is currently closed and vacant after the previous tenant retired upon expiry of their lease. It was previously a 4 Star Inn and benefited from multi income streams; wet sales, catering, accommodation and function trade. We believe that an experienced operator may feel that there is an opportunity to invest in the property in order to re-establish the trade. No trading figures are available.
The Royal Hotel is currently closed and vacant after the previous tenant retired upon expiry of their lease. It was previously a 4 Star Inn and benefited from multi income streams; wet sales, catering, accommodation and function trade. We believe that an experienced operator may feel that there is an opportunity to invest in the property in order to re-establish the trade. No trading figures are available.
PROPERTY FACTS
| Price | £850,000 | Total Plot Size | 0.60 ac |
| Price Per Room | £170,000 | Property Size | 5,932 sq ft |
| Sale Type | Investment | No. Rooms | 5 |
| Tenure | Freehold | No. Floors | 3 |
| Property Type | Hospitality | Year Built | 1755 |
| Property Subtype | Hotel | Parking Allocation | 3.36/1,000 sq ft |
| Costar Property Class | B | Corridor | Interior |
| Price | £850,000 |
| Price Per Room | £170,000 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | B |
| Total Plot Size | 0.60 ac |
| Property Size | 5,932 sq ft |
| No. Rooms | 5 |
| No. Floors | 3 |
| Year Built | 1755 |
| Parking Allocation | 3.36/1,000 sq ft |
| Corridor | Interior |
AMENITIES
- Restaurant
- Patio
- Meeting Event Space
- Public Access Wi-Fi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Guest Room | 5 | £137.00 | - |
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Royal Hotel | Market St
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