Exciting Mixed Use Investment Opportunity with Significant Income Generating Potential
Hamilton House is an impressive B listed Georgian property built circa 1830, and first renovated in 1996 by Killyleagh Development Association. It comprises two ground floor retail units extending to 529 sq. ft currently occupied by a gift shop and a café, with two serviced accommodation apartments above. Each retail unit generates a rental income of £5,160 per annum. The first floor apartment (2B) features a kitchen, living/dining area, bathroom and one bedroom, and was extensively refurbished and ran as serviced accommodation since 2018. Apartment 2B extends to 592 sq. ft and sleeps up to 4 guests. The second-floor apartment (2C) was refurbished in 2020 and features an open plan kitchen/living area, a bathroom and two bedrooms. Apartment 2C extends to 743 sq. ft and sleeps up to 5 guests. Both apartments are tourist NI certified and benefit from a high occupancy rate. Hamilton House has a booking.com rating of 9.4/10 and an AirBnB rating of 4.92/5. The average turnover for both apartments is £35,000 per annum. This offers a unique opportunity to purchase a highly attractive investment opportunity with a well established occupancy rate. Hamilton House: https://www.booking.com/hotel/gb/hamilton-house-holiday-apartment.en-gb.html