Hotel Indigo, Newcastle
2/8 Fenkle Street
NE1 5XU Newcastle Upon Tyne
- Location and Transport
The Hotel benefits from a central and highly visible location in Newcastle’s Grainger Town.
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.