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Via Limehouse Hostel 628-634 Commercial Rd 52 Room Hostel London E14 7HS For Sale
INVESTMENT HIGHLIGHTS
- Close to Limehouse Station, offering quick access to the City and Canary Wharf.
- pre approved planning for 109 rooms
- Option for vacant possession or pre occupied sale
EXECUTIVE SUMMARY
The building is comprised of 59 En-suite rooms on an island site with a strong frontage. Lapsed planning consent has been approved for 109 rooms.
There is the option for vacant possession sale or retain the current lease which produces £873,000 P.A untill 2029.
There is the option for vacant possession sale or retain the current lease which produces £873,000 P.A untill 2029.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 21,996 SF |
| Tenure | Freehold | No. Rooms | 52 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Year Built | 1960 | |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.23 AC |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 21,996 SF |
| No. Rooms | 52 |
| No. Stories | 4 |
| Year Built | 1960 |
| Corridor | Interior |
AMENITIES
- Time Share
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 52 | $69.40 | - |
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Via Limehouse Hostel | 628-634 Commercial Rd
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