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The New Atlas Hotel 24 Reads Av 10 Room Hotel Blackpool FY1 4BP $285,780 ($28,578/Room) 9.14% Cap Rate
Investment Highlights
- Comprises newly renovated and fully licensed 10-bedroom hotel (all en-suite)
- Blackpool is a seaside resort on the Irish Sea coast of England.
- Located within walking distance from the seafront with occupiers close by include number of restaurants, supermarkets, pubs and hair salon/barbers.
Executive Summary
The property comprises three-storey hotel with 10 bedrooms (all-ensuite). The rooms sizes vary between single, double and family.
Property Facts
| Price | $285,780 | Lot Size | 0.04 AC |
| Price Per Room | $28,578 | Building Size | 2,475 SF |
| Sale Type | Investment | No. Rooms | 10 |
| Cap Rate | 9.14% | No. Stories | 3 |
| Tenure | Freehold | Year Built | 1900 |
| Property Type | Hospitality | Parking Ratio | 0.81/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C |
| Price | $285,780 |
| Price Per Room | $28,578 |
| Sale Type | Investment |
| Cap Rate | 9.14% |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,475 SF |
| No. Rooms | 10 |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.81/1,000 SF |
| Corridor | Interior |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 10 | $84.37 | - |
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The New Atlas Hotel | 24 Reads Av
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