Hotel Newcastle upon tyne, NE1 5XU - Hotel Indigo, Newcastle
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Ref 15984

Hotel Indigo, Newcastle

2/8 Fenkle Street
NE1 5XU Newcastle Upon Tyne

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Size1 ft² /

Summary

The Hotel benefits from a central and highly visible location in Newcastle’s Grainger Town.

Investment Highlights

Opportunity to acquire a high quality and well-invested lifestyle hotel, benefitting from a franchise with IHG, under the Indigo brand.
Former office building converted to hotel and opened in June 2012, featuring 148 individually styled guest bedrooms boasting spa-inspired rainfall showers throughout.
Excellent food and beverage facilities including Marco Pierre White Steakhouse Bar and Grill restaurant, and The Grainger Lounge, with a total capacity of up to 124 guests, providing outstanding profitability.
Additional facilities include an on-site car park with capacity for 102 vehicles for residents and non-residents, as well as a health and fitness centre within the Hotel.
Newcastle is home to two world-class universities and benefits from established corporate and leisure demand generators.
The Hotel's city centre location provides immediate access to Newcastle's top attractions including shopping centres, bars, restaurants, the business district, Newcastle United Football Club, St James? Park and both the Metro and Central Station.
Leasehold, 242 years remaining with a peppercorn rent. Freehold available via separate negotiation. 

Price

Upon application.

Energy rating

Energy rating B

Location and Transport

Disclaimer

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:

  1. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
  3. No person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
  4. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken;
  5. If the Property is in Scotland, this correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law.

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