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The Lodge Hotel Old Rayne 5 Room Hotel Insch AB52 6RY $299,389 ($59,878/Room)
Investment Highlights
- Redevelopment potential
- Easy access to A96 motorway
Executive Summary
Residential development opportunity. The subjects benefit from detailed Planning Permission and Section 75 Agreement in relation to the erection of 4 Architect Designed Dwellinghouses with further information available on the Aberdeenshire Planning Portal under reference APP/2020/2444. The consent permits the demolition of the former Lodge Hotel buildings and associated outbuildings, excluding the existing chalet in the south-eastern corner, and their replacement with four detached villas, each benefitting from a detached single garage
Property Facts
| Price | $299,389 | Building Class | B |
| Price Per Room | $59,878 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 7,673 SF |
| Sale Condition | High Vacancy Property | No. Rooms | 5 |
| Tenure | Freehold | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1990 |
| Property Subtype | Hotel | Corridor | Interior |
| Price | $299,389 |
| Price Per Room | $59,878 |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 7,673 SF |
| No. Rooms | 5 |
| No. Stories | 2 |
| Year Built | 1990 |
| Corridor | Interior |
Amenities
- Restaurant
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 5 | $74.85 | - |
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Videos
Matterport 3D Exterior
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Photos
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Street
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The Lodge Hotel | Old Rayne
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