West Plaza, 144 , High Street, West Bromwich, B70 6JJ
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- SECTOR
107 bedroom hotel for sale
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
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
Brochures
West Plaza, 144 , High Street, West Bromwich, B70 6JJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- West Bromwich Central Tram Stop0.2 miles
- Trinity Way Tram Stop0.3 miles
- Lodge Road, West Bromwich Town Hall Tram Stop0.5 miles
Notes
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