Comet Way, Hatfield, HRT for Sale
Hospitality - FOR SALE
1/4
null | Request Cap Rate

Comet Way
Hatfield, HRT AL10 9NG


HIGHLIGHTS

  • Vacant Possession is due for 31st March 2026
  • 121 parking spaces
  • Demolition of existing building and construction of residential units

OVERVIEW

Resolution to grant planning permission to provide 142 apartments in Hatfield. - The site sits on a broadly rectangular parcel of land that measures 0.64 ha (1.59 acres) - Demolition of existing building and construction of residential units (Use Class C3) - The development will comprise 142 residential units over 5-7 storeys with 4 cores arranged around communal podium gardens - The scheme consists of 2,063 sqm of community amenity space, 4,853 sqm of private amenity space and associated landscaping - 121 parking spaces - Going concern with temporary tenant YMCA operating as a hostel until March 2026 - Vacant Possession is due for 31st March 2026 - Scope for alternative uses to include PBSA and Storage, subject to obtaining all necessary consents The Site comprises a broadly rectangular parcel of land and measures circa 0.64 ha (1.59 acres). It is located on the western side of Comet Way (A1001) in the town of Hatfield and is approximately 0.1 miles to the north of theA1001 intersection with Cavendish Way. The Site is occupied by the former Beales Hotel; a two-storey building, with areas of hardstanding land providing associated car parking. The property comprises a 53 bedroom hotel with ancillary accommodation including conference/meeting rooms and bar/restaurant. The property has a low build density with a gross internal area of 2,970 sq m (31,969 sq ft) It is currently occupied temporarily as a hostel by the YMCA. The planning permission is for the redevelopment of the site for a high-quality residential scheme of 142 new homes with associated car and cycle parking.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

53

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beales Hotel Hatfield

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

A

YEAR BUILT

1960

PARKING SPACES

76

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

Commercial

APN/PARCEL ID

HD427885

ASK ABOUT THIS PROPERTY

Matt GlazerGLPG LtdMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Matt GlazerGLPG LtdMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.