Lady Bank Hotel 1 Lady Bank 19 Room Bed and Breakfast Tamworth B79 7NB £500,000 (£26,316/Room)
INVESTMENT HIGHLIGHTS
- Full planning permission for 24 self-contained flats with car parking (Use Class C1).
- Located opposite historic Tamworth Castle and adjacent to the River Anker.
- Potential for change of use to residential (use Class C3) S.T.P.
- Attractive hotel, guest house/B&B, or Serviced Apartment business opportunity within a popular tourist destination.
- Situated a short walk from Tamworth Town Centre, Ankerside Shopping Centre, Tamworth Castle Pleasure Grounds, Snowdome and Ventura Retail Park.
EXECUTIVE SUMMARY
The property lends itself to use as a hotel, guest house/B&B, or serviced apartment business given its town centre location within a popular tourist destination. The property also offers change of use potential to residential (Use Class C3) S.T.P.
Offers in the order of £500,000 invited for the freehold interest.
Offers in the order of £500,000 invited for the freehold interest.
PROPERTY FACTS
| Price | £500,000 |
| Price Per Room | £26,316 |
| Sale Type | Investment |
| Sale Condition | Development Sale |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 8,402 SF |
| No. Rooms | 19 |
| Number of Floors | 2 |
| Year Built | 1890 |
| Corridor | Interior |
AMENITIES
- Public Access Wi-Fi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 19 | £98.00 | - |
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