Martello Hotel 309-323 Hedon Rd 21 Room Hotel Hull HU9 1NU £750,000 (£35,714/Room)
INVESTMENT HIGHLIGHTS
- Great location
- Parking
- Public transport access
EXECUTIVE SUMMARY
The property comprises of a three storey traditional brick, under a pitched concrete tiled roof consisting of the ground floor former bar and restaurant in need of refurbishment which could be converted into multiple units which fall under Class E use, which would be suitable for café, restaurant, retail, office, financial services and medical.
The first and second floor have been converted into 28 rooms consisting of 6 studios, 19 doubles and 3 singles. The ground floor is accessed via 2 entries, 1 from Hedon Road and a side entrance from the rear car parking to serve the reception for the upper floor former Martello Hotel.
The first and second floor have been converted into 28 rooms consisting of 6 studios, 19 doubles and 3 singles. The ground floor is accessed via 2 entries, 1 from Hedon Road and a side entrance from the rear car parking to serve the reception for the upper floor former Martello Hotel.
PROPERTY FACTS
| Price | £750,000 |
| Price Per Room | £35,714 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 8,531 SF |
| No. Rooms | 21 |
| Number of Floors | 3 |
| Year Built/Renovated | 1910/2022 |
| Parking Ratio | 2.34/1,000 SF |
| Corridor | Interior |
AMENITIES
- Restaurant
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 21 | £30.00 | - |
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