Hotel 52
USD 107.192,00
EUR 99.688,56
United Kingdom, Newcastle, Whitley Bay, 52 South Parade.
Hotel 52
Listing status: Active
Property type: Commercial
Property ID: 9545
Listing type: for sale
Built year: 2017
Property ID #2693

Hotel 52 is an exclusive 32-bedroom hotel located in an excellent position in Whitley Bay, just a short walk from the town centre, with award-winning beaches at the end of the road.

Each room in the hotel has been refurbished to a premium standard, offering en-suite facilities and extremely comfortable beds. With options of single, double/twin, triple and family rooms, the hotel can fit in every party size.

Location

Hotel 52 is only 25 minutes from Newcastle city centre by Metro and Newcastle Airport is only 30 minutes drive away. The international cruise terminal at Royal Quays is just 10 minutes’ drive away.

Complementing this vibrant seaside town, Whitley Bay offers an award winning beach that stretches from the north all the way towards St Mary’s Lighthouse. It is a popular place for recreation and is regularly used by walkers. The promenade and The Links have wonderful walks with the beach as a magnificent backdrop.

Local amenities

  • Skatepark
  • Children’s playground
  • New swimming pool
  • Refurbished Whitley Bay Playhouse

Key Information

  • £80,000 per room
  • 8% NET return years 1-5, 9% years 6-10 (paid quarterly)
  • Boutique 32 room hotel
  • Refurbished and operational hotel
  • 2 on site restaurants
  • Client booking rates from £40 to £145
  • 70% repeat customers
  • Majority of bookings are repeat from Expedia and booking.com
  • 110% buyback in years 5-10

 

Price £80,000
Property type Hotel
Rent assurance period 5 Years
Yield 8% NET

 

 

Contact agent
Masora Khanom
no@mail.com
+44 203 900 4275
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