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The Curraghmore 22 Hope Rd 20 Room Hotel Shanklin PO37 6EA $836,961 CAD ($41,848 CAD/Room)

INVESTMENT HIGHLIGHTS
- Shanklin is a popular residential town and a well know tourist destination
- Local transport links
- Close to Seafront
EXECUTIVE SUMMARY
Development site situated in an elevated position on Hope Road giving extensive sea views. Outline planning for demolition of existing extensions to the Curraghmore Hotel and the construction of 8 two-bedroom apartments, all with sea views. Access to the apartments and parking will be from Beatrice Avenue.
Our client is asking £450,000 for this freehold development opportunity.
Outline planning has been passed. Please visit IW Planning beta.iow.gov.uk/planning Ref: 21/01941/OUT for further details.
Our client is asking £450,000 for this freehold development opportunity.
Outline planning has been passed. Please visit IW Planning beta.iow.gov.uk/planning Ref: 21/01941/OUT for further details.
PROPERTY FACTS
| Price | $836,961 CAD | Building Class | C |
| Price Per Room | $41,848 CAD | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 8,125 SF |
| Tenure | Freehold | No. Rooms | 20 |
| Property Type | Hospitality | Year Built | 1961 |
| Property Subtype | Hotel | Parking Ratio | 1.23/1,000 SF |
| Price | $836,961 CAD |
| Price Per Room | $41,848 CAD |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 8,125 SF |
| No. Rooms | 20 |
| Year Built | 1961 |
| Parking Ratio | 1.23/1,000 SF |
AMENITIES
- Restaurant
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 20 | $176.69 CAD | - |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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The Curraghmore | 22 Hope Rd
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