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ibis Hull City Centre Osborne St 106 Room Hotel Hull HU1 2NL £7,500,000 (£70,755/Room)
Investment Highlights
- Purpose-built hotel comprising 106 bedrooms.
- Let to Accor UK Economy Hotels Limited.
- EPC B47.
- Freehold Interest.
- Current passing rent: £637,807 per annum.
Executive Summary
International real estate advisor Savills has been appointed to sell the freehold of a purpose-built hotel in Hull city centre, currently fully let to Accor UK Economy Hotels and operating as an Ibis, for £7.5 million.
Property Facts
| Price | £7,500,000 | Total Plot Size | 0.84 ac |
| Price Per Room | £70,755 | Property Size | 31,511 sq ft |
| Sale Type | Investment | No. Rooms | 106 |
| Tenure | Freehold | No. Floors | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1995/2002 |
| Property Subtype | Hotel | Parking Allocation | 0.48/1,000 sq ft |
| Costar Property Class | B | Corridor | Interior |
| Price | £7,500,000 |
| Price Per Room | £70,755 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | B |
| Total Plot Size | 0.84 ac |
| Property Size | 31,511 sq ft |
| No. Rooms | 106 |
| No. Floors | 4 |
| Year Built/Renovated | 1995/2002 |
| Parking Allocation | 0.48/1,000 sq ft |
| Corridor | Interior |
Amenities
- Restaurant
- On-Site Bar
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | sq ft |
|---|---|---|---|
| Guest Room | 106 | £42.00 | - |
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ibis Hull City Centre | Osborne St
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