Description
ATTENTION ALL INVESTORS AND HOTELIERS!!! DUE TO MUNICIPAL RESTRICTIONS NO HOTEL WILL EVER BE CLOSER TO SANDBANKS PROVINCIAL PARK THENA "THE DUNES HOTEL"!!!! All studies, applications and reports required by the municipality for an approved site plan have been submitted for this development and a site plan agreement is currently being drafted. The site plan calls for a one story building that contains 14 hotel rooms, each with their own outdoor patio, as well a 1500 sq ft , two story building that has a lobby/common area on the first floor and a large VIP suite on the second floor. The site is located just 200 meters away from the Sandbanks main entrance allowing hotel guests to be so close that they can walk into the park during the day, and enjoy all of the wineries, breweries and restaurants that Prince Edward County has to offer at night. There is a two bed, two bath house currently on the site that is used as an STA as well as a one story commercial building. The house generates 40k-50k in annual income. Current development plans call for the demolition of the commercial building and the house being moved to another location. The sellers would be open to removing the house prior to closing. A long list of studies and reports have been conducted during the approval period and can be made available upon request. They include but are not limited to; light study, traffic study, environmental reports, hydrogeological and storm water management. An excellent sales package is attached to this listing that includes conservative revenue projections that were prepared by an MBA qualified business consultant. A fee proposal for a full set or working drawings is available. HST applies to this transaction.
Overview
Property ID:
X12300014
Type:
Commercial Retail
Square:
2,552 m²
Price:
$1,799,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Yes
Heating:
Baseboard
ParkingFeatures:
None
YearBuilt:
16-30
TaxAnnualAmount:
3087
PossessionDetails:
Immediate
Map
-
AddressPrince Edward County
Contact Agency
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