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Park Avenue 58 Princes Av 12 Room Hotel Hull HU5 3ES $762,431 CAD ($63,536 CAD/Room)
Investment Highlights
- Twelve bedrooms and ten ensuite bathrooms
- Large rear garden, terrace patio, lawned areas, mature planting, and rear walled parking area
- C1 and C2 class planning approval
- EPC rating E
- Grand entrance hallway with stained glass, ornate plasterwork, pitch pine detailing, Lincrusta panelling, and a sweeping central staircase
Executive Summary
The property at Princes Avenue, Hull, East Riding of Yorkshire, HU5 3ES is offered by auction with a starting bid of £405,000. The brochure notes that the sale presents two potential opportunities: refurbishment into a 9/10 bedroom boutique hotel or restoration into a substantial family home. It has C1 and C2 class planning approval, was previously run as a hotel, and also had previous planning to convert into a care home in 2004. The brochure states that conversion to an HMO would require the necessary checks. The vendor/agent also notes that the property has not been inspected.
Property Facts
| Price | $762,431 CAD | Building Class | C |
| Price Per Room | $63,536 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 3,126 SF |
| Sale Condition | Auction Sale | No. Rooms | 12 |
| Tenure | Freehold | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1917 |
| Property Subtype | Hotel | Parking Ratio | 1.47/1,000 SF |
| Price | $762,431 CAD |
| Price Per Room | $63,536 CAD |
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,126 SF |
| No. Rooms | 12 |
| No. Stories | 3 |
| Year Built | 1917 |
| Parking Ratio | 1.47/1,000 SF |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 12 | - | - |
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Park Avenue | 58 Princes Av
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