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Freehold branded limited service hotel

Folkestone, United Kingdom

73%

£8.250.000

Hotels & Resorts

#12899

Core+

27 Oct 2024

Property Details

Broker

Sold

100

82,500

Freehold

Management

Bar, restaurant, meeting room, parking

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

Purpose built freehold 100 bedroom limited service hotel . Located less than half a mile from the Eurotunnel terminal. Hotel refurbished in Q2 2018. Franchise agreement. Four meeting rooms. Great Room Bar & Restaurant (max 72 covers). External decked terrace area (max 45 covers). On-site parking for approximately 90 vehicles. Can be acquired free from management. Site area of approximately 1.1 acres. Total building area 40,625 sq ft.