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The Chestnuts 52 Racecourse Rd 14 Room Hotel Ayr KA7 2UZ $1,483,019 ($105,930/Room) 7.89% Cap Rate
Investment Highlights
- Substantial stone property in large corner plot
- Car Parking
- Successful and established tenant business
Executive Summary
Substantial stone property in large corner plot. Successful and established tenant business. Rental £86,800 per annum - RPI increase at review. Rental guarantee for lease duration. Offers over £1,100,000
Property Facts
| Price | $1,483,019 | Lot Size | 0.43 AC |
| Price Per Room | $105,930 | Building Size | 17,002 SF |
| Sale Type | Investment | No. Rooms | 14 |
| Cap Rate | 7.89% | No. Stories | 2 |
| Tenure | Freehold | Year Built | 1870 |
| Property Type | Hospitality | Parking Ratio | 1.47/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B |
| Price | $1,483,019 |
| Price Per Room | $105,930 |
| Sale Type | Investment |
| Cap Rate | 7.89% |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.43 AC |
| Building Size | 17,002 SF |
| No. Rooms | 14 |
| No. Stories | 2 |
| Year Built | 1870 |
| Parking Ratio | 1.47/1,000 SF |
| Corridor | Interior |
Amenities
- Restaurant
- On-Site Bar
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 14 | $153.69 | - |
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The Chestnuts | 52 Racecourse Rd
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