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Matlida Street is a flexible use area set by the Local Authority, which means the site is flexible to use unlike other site is fixed to build certain type of building.

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A developments appraise have carry out and shown that the office payback period is 5 years 4 months, the Annual Average % Rate of Return is around 19% and the IRR is 13.6, which mean if the interest rate is 13.6 the profit will be zero. While the hotel payback period is 3 years 2 months, the Annual Average % Rate of Return is 31.45 which is very good investment and the IRR is around 29%. From the appraise show that hotel has better IRR, Annual Average % Rate of Return and payback period compare with office block. This is clear that the hotel is viable than the office block.

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Picture below showing floor layout for the double decker bedroom design. In ground floor is propose 5 pair of single bedroom, first and second floor layout and it propose 5 pair of single bedroom and 5 pair of double bedroom in each floor. Therefore in total there have 15 pair of single room which is 30 single beds and 10 pairs of double bedroom which means 20 double bedrooms. Total can be fix 70 people.

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The technical propose is green roof and green wall. It provide attractive appearance, comfortable view, reduce energy consumption, environmental friendly and reduce global warming as well

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7. Concept of hotel - Private space with
affordable price

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7. Concept of hotel - Private space with
affordable price

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The picture show the design of double decker room, by using this type of bedroom design is much more saving space, construction costs and at the same time provide a private space for the backpacker with affordable price. The bedroom design can be single bedroom or double bedroom.

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After conduct feasibility study, SOWT analysis and development appraise for the 3 proposal of restaurant, office block and hotel, we found that the best proposal is to convert the convenient shop surrounding as superiority instead of competitor. Therefore, our project team justify that the hotel have better viable project value.

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we found the the Matlida Street is in the flood area, therefore it needs to follow the Sheffield City Council Strategic Flood Risk Assessment (SFRA) requirement.

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After carry out the feasibility study on the site surrounding, the Matlida Street is located in good location. The site is located near all the convenient stop, public transport, city center and all can be reach by foot.

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From the site survey, we found that the current building condition is useable and the major concern and repair work needed is the roof structure, and the thermal insulation need to improve. The structure need to highly inspection by the engineer due to the building is not highly maintenance and the building was 54 years old.