£10.160.000
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Premier Inn Hotel
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5.00 %
100
101,600
Freehold
Lease
Restaurant
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Fees
Investment Overview
The asset was built in 2012 and comprises a 100 bed Premier Inn Hotel and 6,673 sq ft restaurant. The development is arranged over ground and five floors. Hotel let from 2 July 2012 until 1 July 2037 with a break option in 1 July 2032 (10 years 8 months term certain) at a rent of £394,133 per annum. 15 years 8 months to lease expiry.
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