58 Room Hotel with Beachfront Property – Tropical Escape

Address 

Tropical escape hotel, Highway 1, Bridgetown, Barbados BB23010

Date               Added
Nov                17, 2021
Days on Market
283 days

Time Since Last Update

95 days

Details

Property TypeHospitality, Mixed Use
SubtypeHotel
Square Footage28,800
Price/Sq Ft$173.61
Keys58
Stories3
Lot Size (sq ft)46,344

Marketing Description

This hotel features 58 rooms and is a large commercial property roughly spanding 28,800 square feet. It is located in St. James, Barbados across the street from One Sandy Lane Luxury Residences, arguably the most luxurious property ever built on the island.
This West coast property is a three story building that sits on 41,873 square feet of land.  Each floor measures 9,500 square feet.
In addition, Tropical Escape Hotel comes in a package deal with a beachfront property located on Paynes Bay Beach which can be used as a beach club and/or restaurant.  The Beach front property comprises of 4,471 square feet of land and is situated on the directly on the beach across the road from the hotel property.
The 2 commercial properties (Hotel & Beachfront Club) totals 46, 344 square feet of land. These properties are just minutes away from Holetown and also within close proximity to many restaurants, Shopping malls, supermarkets, Gas stations, Colf, Polo, nightclubs and man more activities.
The property is in a prime location, close to many amenities making it an excellent choice as a Barbados property investment.
To note: This hotel room and swimming pool was last operated around 8 years ago. The beachfront property was a bar formerly known as Blue Monkey and is located on one of the most popular beaches in Barbados.