Kabannas Newcastle, 17 Carliol Square, Newcastle upon Tyne, NE1 6UQ

Kabannas Newcastle represents a rare opportunity to acquire a contemporary, hybrid hotel in the heart of Newcastle city centre. This stylish, recently refurbished 52 room hybrid hotel offers 233 bed spaces across flexible formats combined with vibrant food and beverage facilities, delivering strong revenue growth and a scalable operational model.

The property is a stylish, comfortable hybrid hotel in a superb central location offering a range of ultra-affordable accommodable to meet all price points.

* Bedroom product has benefitted from an extensive renovation in 2024 introducing hybrid rooms providing affordable, high quality accommodation to Group and FIT guests alike.
* 2025 Business mix was 17% Group and 83% FIT in revenue terms. Group will continue to strengthen in 2026.
* Core Group vertical markets are international inbound Tour Operator and Educational groups mid-week and Stag, Sport and Social groups at the weekend.
* Leisure FIT demand is predominantly seen at weekends
* The open sports bar is a multi-use space, used for breakfast and group evening meals as well as celebratory stag groups at the weekend and has a local following alongside providing inhouse guests with a base for their evening celebrations

Situated at Carliol Square, Kabannas Newcastle enjoys a prime city centre position, located very close to The Eldon Square Shopping Centre (Newcastle's main shopping centre) and Grey's Quarter. The property is within walking distance of Newcastle's Quayside, cultural attractions, and nightlife, making it highly attractive to both leisure and group markets.

There are extensive property developments within the immediate vicinity in this area of Newcastle city centre, these include the new Stack leisure development (now open) and new HMRC offices (in development). In addition, there is a new office building in the process of being built 100 yards from Kabannas and the 'Pilgrim Street' area of the city has other leisure and office projects ongoing. The area of the city that Kabannas is located in is becoming more popular and attracting an increased number of tourists and office staff.

The Hotel serves as one of the city's largest hybrid hotels comprising 233 bedspaces across 52 bedrooms, alongside a large open plan bar with excellent facilities.

The hotel spans basement, ground and three upper floors featuring reception and guest lounge on the ground floor, separate bar entrance ensuring strong street presence, a full commercial kitchen and back-of-house facilities.

The Kabin Bar is located on the ground floor and offers sports, live music, and social gaming. Its simple, scalable concept drives wet-led revenue, attracting both in-house guests and external trade. The Kabin Bar has excellent scope to develop trade, with the opening of The Stack leisure complex and Fire Station Bars close by, there is a licensed circuit developing in the immediate area which a new owner may be able to take advantage of.

The Hotel has undergone significant refurbishment and provides a variety of bedroom types to cater for a range of guest needs, including double and twin bedrooms, hybrid rooms that sleep four-six and 16 dorm style rooms with 4-14 bed bunks, all en suite.

All rooms provide en suite facilities with free Wi-Fi, USB power points, reading lights, and a number of rooms provide TV's and individual guest lockers.

Kabannas in Newcastle represents a rare opportunity to purchase a large building in area of Newcastle city centre which is undergoing significant investment. The accommodation offer at Kabannas is split into private 'normal' hotel rooms, hybrid rooms and dorm rooms. The business will appeal to those buyers looking for bedroom presence in Newcastle city centre, looking to buy a 'hotel' and also those buyers looking for a hostel/multi room occupancy opportunity. The building offers a lot of flexibility in terms of a trading operation. The food & beverage part of the business has significant scope for development under new ownership. This excellent space could possibly be leased to a third party also.

RECENT INVESTMENT

* £250,000 refurbishment in 2024
* Full upgrade of all rooms, fixtures, and fittings
* Installation of new boiler