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Peterborough By Verve Newton Way

54 Room Hotel Peterborough PE1 5QT $3,514,601 ($65,085/Room) 15.00% Cap Rate

Investment Highlights

  • Prominent Location
  • Parking Available
  • Great Transport Links

Executive Summary

Guide price - £2,750,000 plus VAT equating to a Net Initial Yield of 15% and low capital value of £160 psf.

Property Facts

Price $3,514,601
Price Per Room $65,085
Sale Type Investment
Cap Rate 15.00%
Tenure Freehold
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.18 AC
Building Size 17,000 SF
No. Rooms 54
No. Stories 2
Year Built 1983
Tenancy Single
Parking Ratio 2.35/1,000 SF
Corridor Interior

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 54 $40.90 -
  • Listing ID: 33834992

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: Newton Way, Peterborough PE1 5QT

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