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NVEST ESTATES

Prime Hotel Development Opportunity Near Accra Beach For Sale

Christ Church, Barbados
Asking Price:
$2,750,000 (USD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Prime South Coast hospitality and hotel development opportunity offered at USD $2,750,000, comprising approximately 43,137 sq. ft. of land just steps from Accra (Rockley) Beach in Christ Church, Barbados.

Formerly the Abbeville Hotel, the property currently accommodates an established restaurant venue and includes approximately 5,861 sq. ft. of existing property space. Facilities include restaurant areas, a swimming pool, offices, storage and substantial land currently utilized for parking.

The property is offered either as a going concern, continuing the existing bar and restaurant operation, or with vacant possession for redevelopment. Its location close to a major beach, restaurants and other South Coast amenities provides significant potential for hospitality and tourism-focused development.

The substantial site and existing commercial use provide an opportunity for investors or developers seeking a hotel, hospitality or tourism development project in one of Barbados’ established visitor areas. Commercial financing for foreign buyers is also stated as available. Enquire for further information on this Barbados development opportunity.

Property Information

Real Estate:

Real Property Included

Location:

Prime location in Christ Church on Barbados’ South Coast, just steps from Accra (Rockley) Beach. The property is within walking distance of restaurants and other amenities and is positioned in an established tourism area.

Premises Details:

Approximately 5,861 sq. ft. of existing property space situated on approximately 43,137 sq. ft. of land. The property formerly operated as a hotel and currently accommodates an established restaurant venue.

Existing facilities include restaurant areas, a swimming pool, offices, storage areas and substantial additional land currently utilized as parking. The property underwent upgrades approximately 20 years ago.

Size in square feet:
Property: 5,861 sq. ft. & Land: 43,137 sq. ft.

Business Operation

Expansion Potential:

Significant potential for further hospitality and tourism development is explicitly identified. The approximately one-acre site includes substantial land currently used for parking and may be acquired with vacant possession for redevelopment.

Other Information

Financing available:

Commercial financing in Barbados for foreign buyers is stated as available.