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Portmann Hotel 42 Portland Rd 7 Room Hotel Kilmarnock KA1 2DL $409,389 ($58,484/Room)
Investment Highlights
- Hotel, Restaurant, Function Venue & Bar.
- Large, south facing rear beer garden - potential additional building plot.
- Nine en-suite bedrooms, bar/restaurant, function area & developable rear beer garden.
- Sale - Offers over £300,000 Lease - Offers over £40,000 per annum.
- Potential for residential conversion, aparthotel or sub-division.
- Private car parking.
- GIA 570.14 sq. m. (6,137 sq. ft.).
Executive Summary
Former hotel, restaurant, function venue and bar for sale. The property has potential for residential conversion, aparthotel, or sub-division with room for additional building plot in the beer garden space. Space comes with a private car park.
The subjects are located within the town of Kilmarnock, the principal settlement in the East Ayrshire Council area (population of around 46,500). Kilmarnock is located around 22 miles south-west of Glasgow, immediately west of the A77/M77. The subjects comprise a detached former hotel, bar, and restaurant formed primarily in blonde sandstone/brick surmounted in pitched, hipped and slated roof incorporating various dormer projections.
The subjects are located within the town of Kilmarnock, the principal settlement in the East Ayrshire Council area (population of around 46,500). Kilmarnock is located around 22 miles south-west of Glasgow, immediately west of the A77/M77. The subjects comprise a detached former hotel, bar, and restaurant formed primarily in blonde sandstone/brick surmounted in pitched, hipped and slated roof incorporating various dormer projections.
Property Facts
| Price | $409,389 | Lot Size | 0.04 AC |
| Price Per Room | $58,484 | Building Size | 6,137 SF |
| Sale Type | Investment | No. Rooms | 7 |
| Tenure | Freehold | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1980 |
| Property Subtype | Hotel | Parking Ratio | 1.76/1,000 SF |
| Building Class | C |
| Price | $409,389 |
| Price Per Room | $58,484 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 6,137 SF |
| No. Rooms | 7 |
| No. Stories | 3 |
| Year Built | 1980 |
| Parking Ratio | 1.76/1,000 SF |
Amenities
- Restaurant
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 7 | $132.37 | - |
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Portmann Hotel | 42 Portland Rd
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