West Plaza, 144 , High Street, West Bromwich, B70 6JJ

Offer in excess of

£6,250,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Hotel
Other use(s)
Other, Other
Bedrooms
107

No floor / site plan

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.

Freehold hotel and office investment opportunity with future development potential (subject to planning)

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
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

West Plaza, 144 , High Street, West Bromwich, B70 6JJ

NEAREST STATIONS

London Tram

West Bromwich Central Tram Stop

0.23 miles

London Tram

Trinity Way Tram Stop

0.28 miles

London Tram

Lodge Road, West Bromwich Town Hall Tram Stop

0.48 miles

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Disclaimer - Property reference 138525FH. 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 Graham & Sibbald, Hotels . 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.