Holiday Inn Corby Kettering A43 Geddington Rd
110 Room Hotel Corby NN18 8ET $1,188,219 ($10,802/Room)
INVESTMENT HIGHLIGHTS
- Comprises a recently refurbished 110 bedroom hotel
- Occupiers close by include a number of national occupiers within The Midlands Logicstics Park, including Bosch and Europa
- Let for 999 years from 2013 to S&A Corby Hotel Limited(1)
EXECUTIVE SUMMARY
Lot 49 is available for sale at an Allsop online auction to be held on Thursday 20th of March 2025. The property comprises an investment/long leasehold investment/owner user opportunity for sale. The asking price is £915,000-£925,000, representing a gross initial yield of 6.29%.
Key Features
Comprises a recently refurbished 110 bedroom hotel
Let for 999 years from 2013 to S&A Corby Hotel Limited(1)
RPI Linked Rent Reviews every 5th year
Total site area approximately 3.27 ha (8.09 acres)
Includes swimming pool, gym, 6 conference rooms and an outdoor adventure centre
VAT is applicable
Six Weeks Completion Available
Key Features
Comprises a recently refurbished 110 bedroom hotel
Let for 999 years from 2013 to S&A Corby Hotel Limited(1)
RPI Linked Rent Reviews every 5th year
Total site area approximately 3.27 ha (8.09 acres)
Includes swimming pool, gym, 6 conference rooms and an outdoor adventure centre
VAT is applicable
Six Weeks Completion Available
PROPERTY FACTS
| Price | $1,188,219 |
| Price Per Room | $10,802 |
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.09 AC |
| Building Size | 70,000 SF |
| No. Rooms | 110 |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 1.95/1,000 SF |
AMENITIES
- Business Center
- Fitness Center
- Restaurant
- On-Site Bar
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 5 | $136.35 | - |
| Guest Room | 105 | $110.38 | - |
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