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Modern long-let hotel investment

England, United KingdomUnlock address

71%

Offers invited

Hotels & Resorts

#34363

Core

29 Apr 2024

Property Details

Broker

For sale

9.00 %

53

Freehold

Lease

Free parking, wifi

X

Fees

0.00 %

0.50 %

0.50 %

0.50 %

Investment Overview

Opportunity to acquire a modern, long-let hotel investment. 14.4 years term certain with 5-yearly uncapped, upward only rent reviews linked to the Retail Price Index (RPI). Prominent trading position with excellent connectivity to the airport and city centre. RevPAR growth in the Newcastle hotel market is amongst the highest in the UK.