Central Hotel | 8-9 Riverside Rd
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Central Hotel 8-9 Riverside Rd
25 Room Hotel Norwich NR1 1SQ £650,000 (£26,000/Room)
Investment Highlights
- The property is situated in a mixed residential and commercial area.
- Amenities of the city centre are within walking distance.
- Pending planning application for change of use to 4 apartments and 1 new dwelling.
Executive Summary
The property, originally constructed as an end-of terrace and a mid-terrace dwelling, now comprises a 3-storey guest house/hotel.
Internally the property consists of 17 bedrooms with predominantly ensuite facilities, a reception room, dining room, kitchen and a staff breakout area. The property is connected to all main services and drainage. Externally there is a garden to the front, side, and rear, together with a detached single garage. Investigation required to foundations on the front right corner of the property with evidence of movement
present.
Internally the property consists of 17 bedrooms with predominantly ensuite facilities, a reception room, dining room, kitchen and a staff breakout area. The property is connected to all main services and drainage. Externally there is a garden to the front, side, and rear, together with a detached single garage. Investigation required to foundations on the front right corner of the property with evidence of movement
present.
Property Facts
| Price | £650,000 | Building Class | C |
| Price Per Room | £26,000 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 10,156 SF |
| Tenure | Freehold | No. Rooms | 25 |
| Property Type | Hospitality | Number of Floors | 3 |
| Property Subtype | Hotel | Year Built | 1900 |
| Price | £650,000 |
| Price Per Room | £26,000 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 10,156 SF |
| No. Rooms | 25 |
| Number of Floors | 3 |
| Year Built | 1900 |
Amenities
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 25 | £81.00 | - |
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Central Hotel | 8-9 Riverside Rd
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