Beales Hotel Hatfield Comet Way 53 Room Hotel Hatfield AL10 9NG For Sale
INVESTMENT HIGHLIGHTS
- Vacant Possession is due for 31st March 2026
- Demolition of existing building and construction of residential units
- 121 parking spaces
EXECUTIVE SUMMARY
Resolution to grant planning permission to provide 142 apartments in Hatfield.
- The site sits on a broadly rectangular parcel of land that measures 0.64 ha (1.59 acres)
- Demolition of existing building and construction of residential units (Use Class C3)
- The development will comprise 142 residential units over 5-7 storeys with 4 cores arranged around communal podium gardens
- The scheme consists of 2,063 sqm of community amenity space, 4,853 sqm of private amenity space and associated landscaping
- 121 parking spaces
- Going concern with temporary tenant YMCA operating as a hostel until March 2026
- Vacant Possession is due for 31st March 2026
- Scope for alternative uses to include PBSA and Storage, subject to obtaining all necessary consents
The Site comprises a broadly rectangular parcel of land and measures circa 0.64 ha (1.59 acres). It is located on the western side of Comet Way (A1001) in the town of Hatfield and is approximately 0.1 miles to the north of theA1001 intersection with Cavendish Way. The Site is occupied by the former Beales Hotel; a two-storey building, with areas of hardstanding land providing associated car parking.
The property comprises a 53 bedroom hotel with ancillary accommodation including conference/meeting rooms and bar/restaurant. The property has a low build density with a gross internal area of 2,970 sq m (31,969 sq ft) It is currently occupied temporarily as a hostel by the YMCA. The planning permission is for the redevelopment of the site for a high-quality residential scheme of 142 new homes with associated car and cycle parking.
- The site sits on a broadly rectangular parcel of land that measures 0.64 ha (1.59 acres)
- Demolition of existing building and construction of residential units (Use Class C3)
- The development will comprise 142 residential units over 5-7 storeys with 4 cores arranged around communal podium gardens
- The scheme consists of 2,063 sqm of community amenity space, 4,853 sqm of private amenity space and associated landscaping
- 121 parking spaces
- Going concern with temporary tenant YMCA operating as a hostel until March 2026
- Vacant Possession is due for 31st March 2026
- Scope for alternative uses to include PBSA and Storage, subject to obtaining all necessary consents
The Site comprises a broadly rectangular parcel of land and measures circa 0.64 ha (1.59 acres). It is located on the western side of Comet Way (A1001) in the town of Hatfield and is approximately 0.1 miles to the north of theA1001 intersection with Cavendish Way. The Site is occupied by the former Beales Hotel; a two-storey building, with areas of hardstanding land providing associated car parking.
The property comprises a 53 bedroom hotel with ancillary accommodation including conference/meeting rooms and bar/restaurant. The property has a low build density with a gross internal area of 2,970 sq m (31,969 sq ft) It is currently occupied temporarily as a hostel by the YMCA. The planning permission is for the redevelopment of the site for a high-quality residential scheme of 142 new homes with associated car and cycle parking.
PROPERTY FACTS
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 1.57 AC |
| Building Size | 31,504 SF |
| No. Rooms | 53 |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2004 |
| Parking Ratio | 2.44/1,000 SF |
| Corridor | Interior |
AMENITIES
- Pool
- Restaurant
- On-Site Bar
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $553.96 CAD | - |
| Guest Room | 51 | $313.91 CAD | - |
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CONTACTS
-
Matt
Glazer
-
Sam
Bacon
-
Walter Cooper Nigel Palmer -
Walter Cooper Ollie Dyson
