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Marketed by
Graham & Sibbald
Hotels
40 Torphichen St, Edinburgh EH3 8JB, UK
Available
1 of 10
Offers Over
£6,250,000
West Plaza, 144 High Street, West Bromwich, B70 6JJ
Key features
- Substantial landmark building close to J1 of the M5 motorway
- Established 107 bedroom hotel with additional office accommodation
- 93% let producing £1,421,200 per annum exclusive with indexed growth
- Excellent potential for alternative use (STPP)
- 93,582 sq. ft. (8,697.21 sq m) of accommodation over ten floors
- Onsite car parking
- Close proximity to Town Centre amenities, public transport and motorway network
- Established long-term accommodation operation with resilient occupancy characteristics
- Freehold
Description
Freehold hotel and office investment opportunity with future development potential (subject to planning).
West Plaza comprises ten floors of hotel and office accommodation, extending to 93,582 sq. ft. (8,697.21 sq m). The hotel accommodation is situated over eight floors and incorporates 107 ensuite bedrooms. Currently operated by Vine Hotels, the site has traded as a hotel since 2000 and also offers office accommodation to the remaining floors.
West Plaza comprises ten floors of hotel and office accommodation, extending to 93,582 sq. ft. (8,697.21 sq m). The hotel accommodation is situated over eight floors and incorporates 107 ensuite bedrooms. Currently operated by Vine Hotels, the site has traded as a hotel since 2000 and also offers office accommodation to the remaining floors.
Reference: 138525_sales
Marketed by
Graham & Sibbald
Hotels
40 Torphichen St, Edinburgh EH3 8JB, UK
Similar properties in the area
Available
- Photos available 2
Offers in the Region of
£3,250,000
Guest House for sale
Project Stanley - Care Of Graham + Sibbald, 23 Colmore Row, Birmingham, West Midlands, B3 2BS
Impressive purpose built full service country hotel and wedding venue located in North West England. PLEASE NOTE: due to the confidential nature of this disposal the location has been set as our Birmingham office. Please contact the agent and request...
Marketed by
Graham & Sibbald Hotels