Coney Street, York Coney Street, York

Coney Street, York

Commercial Property Sold STC

£2,000,000

  • 8 bedroom
  • 8 bathroom

Key Features

  • City Centre Luxury ApartHotel
  • Eight Contemporary & Individual Units
  • Converted In 2023 To Exceptional Standard
  • Over £300,000 Gross Income In First Full Year
  • Separate Commercial Unit On Coney Street
  • Fully Operational With Ongoing Bookings
  • Rare Opportunity In The York Market

Description

Situated in the heart of the city we offer this recently converted aparthotel consisting of 8 contemporary apartments achieving a gross income over the last year of over £300k in only its second year of operation. The project was completed in mid 2023 to the highest of standards and offers a rare opportunity in this most desirable sector of the investment market.

In addition to the apartments is a commercial premises on Coney street currently producing an additional income of £21,000 PA.

The building is fully managed by Stays York and can offer a turnkey investment or an addition to any holiday let portfolio, to be sold as a going concern, fully furnished with ongoing bookings.

Full details of income and expenses are available on request.

VAT is payable in addition to the purchase price.


Location


Floorplan


EPC


Milburns Commercial Limited

5 High Petergate York YO1 7EN

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