West Hill Rd - Hospitality FOR SALE


Bournemouth, DOR BH2 5EJ
$11,360,000 USD
West Hill Rd, Bournemouth, DOR for Sale
$11,360,000 USD
Hospitality - FOR SALE
1/3
null | 6.75% Cap Rate

West Hill Rd
Bournemouth, DOR BH2 5EJ


HIGHLIGHTS

  • Strong trading performance
  • High vacant possession value
  • Situated in a prime position
  • upper floors with on site car parking provision. • Comprehensive internal refurbishmen

OVERVIEW

The property comprises an attractive 110 bedroom hotel arranged over ground and four upper floors and totals approximately 39,187 sq ft (3,641 sq m) GIA. The property is predominantly of traditional brick construction and was built in the early 1900’s albeit extended in 2008/2009. The hotel was comprehensively refurbished in November 2024 to include upgrades to the latest Travelodge design, new carpets, flooring, bar and restaurant fit out as well as general improvements of the interior. The building is fitted out internally in the Travelodge corporate style and the guest rooms are all en-suite. The hotel benefits from a ground floor restaurant and bar and a car park with 25 surface level car parking spaces. There is a lift servicing all floors.

FOR SALE DETAILS

PRICE

$11,360,000 USD

PRICE/SF

$254 USD /SF

# OF ROOMS

110

PRICE/ROOM

$103,273 {currency}

CAP RATE

6.75%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Travelodge Bournemouth Seafront Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2009

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

Residential

APN/PARCEL ID

DT317401,DT400515,DT401153

ASK ABOUT THIS PROPERTY

Olivia PlayerLewis Ellis LLPMore Info

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Olivia PlayerLewis Ellis LLPMore Info

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