£6,250,000

Hotel for sale

  1.  Photo 1
  2.  Photo 2
  3.  Photo 3
Just added
Freehold

Offers over

£6,250,000

Hotel for sale

West Plaza, 144, High Street, West Bromwich B70

Available immediately

Local area information

Property location

Nearby amenities

  • King George V Primary School 0.3 miles
  • Holy Trinity CofE Primary School 0.4 miles
  • Smethwick Galton Bridge 1 mile
  • Sandwell & Dudley 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for West Bromwich to find out more about the local area.

Features and description

  • Freehold
  • 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
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

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Graham + Sibbald. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Graham + Sibbald for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. West Bromwich
  5. High Street