£2,850,000
Hotel for sale
Property photos
Guide price
£2,850,000
(£201.04/sq. ft)
Hotel for sale
Peterborough PE114,176 sq. ft
Local area information
Property location
Nearby amenities
- Nene Gate (SEN) 0.6 miles
- St Thomas More Catholic Primary School 0.6 miles
- Peterborough 1.4 miles
- Whittlesea 4.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Peterborough to find out more about the local area.
Features and description
• Freehold investment opportunity.
• Sale and leaseback of a substantial detached property arranged as a 45 Bedroom Hotel (previously a care home).
• The property is a detached building of 14,176 sq ft.
• 1.28 Acre Site including 50 Off-Street Parking Spaces.
• Arranged as 45 ensuite bedrooms, 1 bedroom flat, offices and ancillary accommodation.
• Current planning consent is C1 Hotel Use.
• Let to Verve Hotels Ltd on a new 15-year Fri lease.
• Passing rent of £285,000 per annum.
• lha £132.33 per unit per week/ £316,533 p.a.
• Guide Price - £2,850,000 plus VAT and equating to a Gross Yield of 10% and a low Capital Value of £201 psf.
• Sale and leaseback of a substantial detached property arranged as a 45 Bedroom Hotel (previously a care home).
• The property is a detached building of 14,176 sq ft.
• 1.28 Acre Site including 50 Off-Street Parking Spaces.
• Arranged as 45 ensuite bedrooms, 1 bedroom flat, offices and ancillary accommodation.
• Current planning consent is C1 Hotel Use.
• Let to Verve Hotels Ltd on a new 15-year Fri lease.
• Passing rent of £285,000 per annum.
• lha £132.33 per unit per week/ £316,533 p.a.
• Guide Price - £2,850,000 plus VAT and equating to a Gross Yield of 10% and a low Capital Value of £201 psf.
Floor plans and tours
Floor plans (1)
1 floor plan available
View the floor plan to understand the space and layout of this property.
More information
Listed by
Estate Office
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Estate Office. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Estate Office for full details and further information.