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Coney Street, York

£2,600,000

Business rates & charges may apply

Milburns Commercial Ltd, North Yorkshire
SIZE

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SECTOR

Commercial property for sale

Key features

  • City Centre Luxury ApartHotel
  • Eight Contemporary & Individual Units
  • Converted In 2023 To Exceptional Standard
  • Over £300k Gross Income In First Full Year
  • Separate Commercial Unit On Coney Street
  • Fully Operational With Ongoing Bookings
  • Rare Opportunity In The York Market

Description

Situated in the heart of the city we offer this recently converted aparthotel consisting of 8 contemporary apartments achieving a gross income over the last year of over £300k in only its second year of operation. The project was completed in mid 2023 to the highest of standards and offers a rare opportunity in this most desirable sector of the investment market.

In addition to the apartments is a commercial premises on Coney street currently producing an additional income of £21000 PA.

The building is fully managed by Stays York and can offer a turnkey investment or an addition to any holiday let portfolio, to be sold as a going concern, fully furnished with ongoing bookings.

Full details of income and expenses are available on request.

Brochures

Coney Street, York

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • York Station0.4 miles
  • Poppleton Station2.9 miles

About Milburns Commercial Ltd, North Yorkshire

5 High Petergate York YO1 7EN

Notes

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Disclaimer - Property reference 33910447. 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 Milburns Commercial Ltd, North Yorkshire. 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.

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