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Winckley Stays 10 Camden Pl

14 Room Serviced Apartment Preston PR1 3JL £2,100,000 (£150,000/Room) 10% Net Initial Yield

Executive Summary

Well established serviced apartment block located in the exclusive Winkley Square, Preston.
The freehold building consists of 14 apartments and a boutique restaurant which is let out to an award-winning chef.
Current income in excess of £210,000 pa (including the restaurant lease)
Offers in excess of £2,000,0000

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £2,100,000
Price Per Room £150,000
Sale Type Investment
Net Initial Yield 10%
Tenure Freehold
Property Type Hospitality
Property Subtype Serviced Apartment
Building Class B
Lot Size 0.20 AC
Building Size 9,132 SF
No. Rooms 14
Number of Floors 4
Year Built/Renovated 1903/2019
Parking Ratio 0.62/1,000 SF
Corridor Interior

Amenities

  • High Speed Internet Access
  • Public Access Wi-Fi
  • Smoke-Free
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 14 £102.00 -
  • Listing ID: 33670293

  • Date on Market: 29/10/2024

  • Last Updated:

  • Address: 10 Camden Pl, Preston PR1 3JL

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