Hotel room for sale

South Parade, Whitley Bay, Tyne and Wear, NE26

£65,000

Property Description

Key features

  • Client booking rates from 40 to 145
  • 70% repeat customers
  • Majority of bookings are repeat from Expedia and booking.com
  • Room rates from 40 to 145
  • 8% NET return years 1-5, 9% NET years 6-10 (paid quarterly)
  • Fully furnished suites from 65,000
  • 110% buyback in years 5-10
  • Boutique 32 room hotel
  • Refurbished and operational hotel
  • 2 on site restaurants

Full description

Tenure: Leasehold

Hotel 52 is an exclusive 32-bedroom hotel located in an excellent position in Whitley Bay, just a short walk from the town centre, with award-winning beaches at the end of the road.

Each room in the hotel has been refurbished to a premium standard, offering en-suite facilities and extremely comfortable beds. With options of single, double/twin, triple and family rooms, the hotel can accommodate any size party.

Hotel 52 is only 25 minutes from Newcastle city centre by Metro and Newcastle Airport is only 30 minutes drive away. The international cruise terminal at Royal Quays is just 10 minutes' drive away. Complementing this vibrant seaside town, Whitley Bay offers an award winning beach that stretches from the north all the way towards St Mary's Lighthouse. It is a popular place for recreation and is regularly used by walkers. The promenade and The Links have wonderful walks with the beach as a magnificent backdrop.


Listing History

Added on Rightmove:
07 December 2017

Nearest stations

  • Whitley Bay (0.3 mi)
  • Monkseaton (0.6 mi)
  • Cullercoats (0.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Westport Invest, London

16-28 Tabernacle Street. London, EC2A 4DD

020 3858 3043 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Whitley Bay (0.3 mi)
  • Monkseaton (0.6 mi)
  • Cullercoats (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Westport Invest, London

16-28 Tabernacle Street. London, EC2A 4DD

020 3858 3043 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference hotelfiftytwo. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Westport Invest, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.