Other

Travelodge Hotel, 99 King Street, Maidenhead 

 

Price: £11,430,000 - Initial Yield:4.80%

Date: Q1 2017

Acting on behalf of DTZ Investors we advised on the purchase of this leisure investment for £11.43m, reflecting a net initial yield of 4.80%.

The property comprises a modern 96 bedroom Travelodge hotel on 1st to 5th floors and two retail units at ground floor. The property is let to Travelodge, Sainsbury’s and Countrywide Estate Agents at a total rental income of £612,340 p.a and an AWULT (to break) of 19.65 years.

Contact

James Caddick

Tel: 020 7493 3330
Mob: 07771 882 860
jcaddick@lewisellis.co.uk


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