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The Sleeping Bear Hotel 32 High West St 29 Room Hotel Dorchester DT1 1UP $4,078,468 CAD ($140,637 CAD/Room)
Investment Highlights
- 29 well-appointed en-suite bedrooms.
- Prominent central Dorchester location.
- Extra seven bedrooms identified in unutilised areas.
- Option to retain the brand through a Sleeping Bear Hotels franchise arrangement.
- Successful bedroom-focused business with + 30% operating profit margin.
- Attractive Georgian architecture with strong kerb appeal.
- Opportunity for passive investors to appoint the current owners under a management contract.
Executive Summary
Graham + Sibbald is delighted to offer for sale the freehold interest in the Sleeping Bear Hotel, which is an attractive Grade II period property that is well located in the centre of Dorchester.
Property Facts
| Price | $4,078,468 CAD | Lot Size | 0.23 AC |
| Price Per Room | $140,637 CAD | Building Size | 4,654 SF |
| Sale Type | Investment | No. Rooms | 29 |
| Tenure | Freehold/Long Leasehold | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1756/2017 |
| Property Subtype | Hotel | Parking Ratio | 1.01/1,000 SF |
| Building Class | B | Corridor | Interior |
| Price | $4,078,468 CAD |
| Price Per Room | $140,637 CAD |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 4,654 SF |
| No. Rooms | 29 |
| No. Stories | 3 |
| Year Built/Renovated | 1756/2017 |
| Parking Ratio | 1.01/1,000 SF |
| Corridor | Interior |
Amenities
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 29 | $202.07 CAD | - |
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The Sleeping Bear Hotel | 32 High West St
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