Offers over
£6,250,000
Hotel for saleWest Plaza, 144, High Street, West Bromwich B70
About this property
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
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
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