Three Horseshoes Hotel | Washington Rd
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Three Horseshoes Hotel Washington Rd
7 Room Hotel Sunderland SR5 3HZ £475,000 (£67,857/Room)
Investment Highlights
- On site parking
- Income producing
- Good roadside frontage
Executive Summary
Lot 91 is available for sale at an Allsop online auction to be held on Tuesday 24th September 2024.
The property comprises an freehold investment opportunity for sale.
The asking price is £475,000 representing a gross initial yield of 11.56%
The property comprises an freehold investment opportunity for sale.
The asking price is £475,000 representing a gross initial yield of 11.56%
Property Facts
| Price | £475,000 | Lot Size | 0.37 AC |
| Price Per Room | £67,857 | Construction Status | Converted |
| Sale Type | Investment | Building Size | 3,698 SF |
| Sale Conditions | Auction Sale | No. Rooms | 7 |
| Tenure | Freehold | Number of Floors | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1950/2019 |
| Property Subtype | Hotel | Parking Ratio | 2.7/1,000 SF |
| Building Class | C | Corridor | Interior |
| Price | £475,000 |
| Price Per Room | £67,857 |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.37 AC |
| Construction Status | Converted |
| Building Size | 3,698 SF |
| No. Rooms | 7 |
| Number of Floors | 2 |
| Year Built/Renovated | 1950/2019 |
| Parking Ratio | 2.7/1,000 SF |
| Corridor | Interior |
Amenities
- Restaurant
- Patio
- On-Site Bar
- Public Access Wi-Fi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 7 | £97.00 | - |
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Three Horseshoes Hotel | Washington Rd
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