Caledonian Hotel | 4-6 South Beach
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Caledonian Hotel 4-6 South Beach
10 Room Hotel Stornoway HS1 2XY $490,793 ($49,079/Room)
Investment Highlights
- Situated on South Beach, in the centre of the town
- Overlooking the harbour and main ferry terminal
- Excellent trading location
Executive Summary
The Caledonian Hotel has been closed for a number of years and requires both internal and external redecoration.
Whilst the premises would be suitable to continue with the existing use and accommodation, the premises also provide a superb redevelopment opportunity.
The Caledonian Hotel has been placed on the market at offers over £395,000 plus VAT, for the benefit of the heritable interest.
Whilst the premises would be suitable to continue with the existing use and accommodation, the premises also provide a superb redevelopment opportunity.
The Caledonian Hotel has been placed on the market at offers over £395,000 plus VAT, for the benefit of the heritable interest.
Property Facts
| Price | $490,793 | Lot Size | 0.07 AC |
| Price Per Room | $49,079 | Building Size | 4,152 SF |
| Sale Type | Investment | No. Rooms | 10 |
| Sale Conditions | Redevelopment Project | No. Stories | 2 |
| Tenure | Freehold | Year Built | 1965 |
| Property Type | Hospitality | Parking Ratio | 2.89/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C |
| Price | $490,793 |
| Price Per Room | $49,079 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,152 SF |
| No. Rooms | 10 |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 2.89/1,000 SF |
| Corridor | Interior |
Amenities
- Restaurant
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 10 | $62.13 | - |
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Caledonian Hotel | 4-6 South Beach
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