Passage House Hotel Hackney Ln 92 Room Hotel Kingsteignton TQ12 3QH £3,250,000 (£35,326/Room)
INVESTMENT HIGHLIGHTS
- 90 en-suite bedrooms and 29 timeshare apartments
- Extensive public areas including a lounge and bar, restaurant, banqueting suite and two meeting rooms
EXECUTIVE SUMMARY
Offers in excess of £5.5m are being sought for the freehold property, which benefits from being close to the English Riviera and Dartmoor National Park and within easy reach of Exeter Airport.
PROPERTY FACTS
| Price | £3,250,000 |
| Price Per Room | £35,326 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.63 AC |
| Building Size | 36,562 SF |
| No. Rooms | 92 |
| Number of Floors | 3 |
| Year Built | 1960 |
| Parking Ratio | 5.47/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Centre
- Gym
- Swimming Pool
- Restaurant
- Spa
- Meeting Event Space
- Wedding Venue
- Public Access Wi-Fi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 92 | £102.00 | - |
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