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Home Park Homestay 74 Alma Rd 16 Room Hotel Plymouth PL3 4HD $1,801,826 ($112,614/Room)
INVESTMENT HIGHLIGHTS
- Highly profitable hostel and budget bed and breakfast facility
- 16 letting bedrooms, reception, kitchen/office, night porter’s room, garden and double garage
- Turnover approx. £331,000pa with Net Profit approx. £285,396pa
- Substantial period property convenient location close city centre Plymouth
- Well established and exceptionally profitable concern
EXECUTIVE SUMMARY
This exceptionally profitable business occupies an enviable and prominent trading position in Alma Road, a busy arterial route leading to and from the main city centre of Plymouth which is only half a mile away. It backs on to Central Park which spans over 60 hectares of meadows and woodland and includes an adventure playground, skate park, and pitch and putt, whilst also being home to Plymouth Argyle. Plymouth’s main line railway station and expanding university are within easy walking distance. Due to its convenient central location, the business enjoys an exceptionally profitable year round trade.
PROPERTY FACTS
| Price | $1,801,826 | Lot Size | 0.07 AC |
| Price Per Room | $112,614 | Building Size | 3,456 SF |
| Sale Type | Investment | No. Rooms | 16 |
| Tenure | Freehold | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1900 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C |
| Price | $1,801,826 |
| Price Per Room | $112,614 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 3,456 SF |
| No. Rooms | 16 |
| No. Stories | 3 |
| Year Built | 1900 |
| Corridor | Interior |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 16 | $101.44 | - |
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Home Park Homestay | 74 Alma Rd
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