Holiday Inn Corby Kettering A43 Geddington Rd

110 Room Hotel Corby NN18 8ET $1,189,548 ($10,814/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

PROPERTY FACTS

Price $1,189,548
Price Per Room $10,814
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 $136.51 -
Guest Room 105 $110.50 -
  • Listing ID: 35057132

  • Date on Market: 3/7/2025

  • Last Updated:

  • Address: Geddington Rd, Corby NN18 8ET