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The York House 185-187 York Rd

14 Room Hotel Hartlepool TS26 9EE $570,342 ($40,739/Room)

Investment Highlights

  • Former Hotel extending to approx. 476 sq m / 5,125 sq ft
  • Potential to increase Bedrooms to 18
  • Gross Rental when complete of £120,000 per annum
  • Planning consent for 2 HMOs with in total 16 Bedrooms
  • Suit Student Market

Executive Summary

Former Hotel which has planning consent under local authority reference H/2022/0095 for the development of 2no HMOs with each having 8 bedrooms which are for student accommodation. The property has been fully stripped out and is ready for first fix.

Property Facts

Price $570,342
Price Per Room $40,739
Sale Type Investment
Tenure Freehold
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.14 AC
Building Size 5,687 SF
No. Rooms 14
No. Stories 3
Year Built 1901
Parking Ratio 0.74/1,000 SF
Corridor Interior

Amenities

  • Restaurant
  • On-Site Bar
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 14 $84.92 -
  • Listing ID: 33321430

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 185-187 York Rd, Hartlepool TS26 9EE

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