Grosvenor Hotel 10 Grosvenor Mews
17 Room Hotel Westcliff On Sea SS0 8EW $2,048,052 CAD ($120,474 CAD/Room)
INVESTMENT HIGHLIGHTS
- Sea side location
- Walking distance from Westcliff Beach
- Amenities nearby
EXECUTIVE SUMMARY
A 17 bedroom hotel which is arranged over two semidetached, 3 storey properties. The hotel stopped trading in 2019 and is in need of internal modernisation. We feel the opportunity may be suited for conversion into private housing, subject to planning, and will be offered with full vacant possession.
PROPERTY FACTS
| Price | $2,048,052 CAD |
| Price Per Room | $120,474 CAD |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 7,406 SF |
| No. Rooms | 17 |
| No. Stories | 3 |
| Year Built | 1929 |
| Parking Ratio | 2.11/1,000 SF |
| Corridor | Interior |
AMENITIES
- Restaurant
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 17 | $150.81 CAD | - |
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