Selina Margate | 21-27 Eastern Esplanade
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Selina Margate 21-27 Eastern Esplanade
40 Room Hotel Margate CT9 2HL $4,792,638 ($119,816/Room)
Investment Highlights
- Prominent seafront location
- Good parking options
- Cowork
- Margate features sandy beaches, retro shops, cafe culture, and art gallery
- Beer Garden
- two bars and one restaurant
Executive Summary
Unique investment opportunity in the Margate Cowork & Stay — a seafront property in the vibrant town of Margate
With minor cosmetic updates required, this freehold asset presents a rare opportunity with seafront views, extensive amenities, and the potential for conversion into a House in Multiple Occupation (HMO), offering flexible uses and maximizing revenue potential.
With minor cosmetic updates required, this freehold asset presents a rare opportunity with seafront views, extensive amenities, and the potential for conversion into a House in Multiple Occupation (HMO), offering flexible uses and maximizing revenue potential.
Property Facts
| Price | $4,792,638 | Lot Size | 0.34 AC |
| Price Per Room | $119,816 | Construction Status | Converted |
| Sale Type | Investment | Building Size | 22,034 SF |
| Tenure | Freehold | No. Rooms | 40 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1980/2023 |
| Building Class | B | Corridor | Interior |
| Price | $4,792,638 |
| Price Per Room | $119,816 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.34 AC |
| Construction Status | Converted |
| Building Size | 22,034 SF |
| No. Rooms | 40 |
| No. Stories | 4 |
| Year Built/Renovated | 1980/2023 |
| Corridor | Interior |
Amenities
- Fitness Center
- Restaurant
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 40 | $172.53 | - |
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Selina Margate | 21-27 Eastern Esplanade
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