Quay Inn | Quay St
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Quay Inn Quay St
4 Room Hotel Minehead TA24 5UJ £650,000 (£162,500/Room) 8.59% Net Initial Yield
Investment Highlights
- Three storey detached
- Multi pitched tile roof
- Traditional construction with stone and part rendered elevations
Executive Summary
Offers in excess of £710,000 (7.9% NIY) assuming the usual purchasers costs.
Property Facts
| Price | £650,000 | Building Class | B |
| Price Per Room | £162,500 | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 1,625 SF |
| Net Initial Yield | 8.59% | No. Rooms | 4 |
| Tenure | Freehold | Number of Floors | 3 |
| Property Type | Hospitality | Year Built | 1500 |
| Property Subtype | Hotel | Parking Ratio | 0.68/1,000 SF |
| Price | £650,000 |
| Price Per Room | £162,500 |
| Sale Type | Investment |
| Net Initial Yield | 8.59% |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.37 AC |
| Building Size | 1,625 SF |
| No. Rooms | 4 |
| Number of Floors | 3 |
| Year Built | 1500 |
| Parking Ratio | 0.68/1,000 SF |
Amenities
- Balcony
- Restaurant
- Patio
- On-Site Bar
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 4 | £128.00 | - |
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Quay Inn | Quay St
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