Mapesbury Hostel London 30 Chatsworth Rd
15 Room Hostel London NW2 4BS $6,483,831 CAD ($432,255 CAD/Room) 20.57% Cap Rate
INVESTMENT HIGHLIGHTS
- A fully operational and licenced hostel within a prominent detached period building
- Off street parking and rear garden
- Located within a 5 minute walk from Kilburn Underground Station
EXECUTIVE SUMMARY
15 rooms, communal reception, internet room, communal kitchen, communal laundry room, communal shower rooms and WC's, off street parking and rear gardens.
Lapsed planning consent for a rear extension and dormer to create further bed spaces.
Potential to create revenue in excess of £720k per annum plus associated services.
Freehold- Price: £3,500,000 (Subject to Contract)
Lapsed planning consent for a rear extension and dormer to create further bed spaces.
Potential to create revenue in excess of £720k per annum plus associated services.
Freehold- Price: £3,500,000 (Subject to Contract)
PROPERTY FACTS
| Price | $6,483,831 CAD |
| Price Per Room | $432,255 CAD |
| Sale Type | Investment |
| Cap Rate | 20.57% |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hostel |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 4,381 SF |
| No. Rooms | 15 |
| No. Stories | 4 |
| Year Built | 2008 |
| Corridor | Interior |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 15 | $194.51 CAD | - |
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