Hotel, Canterbury, United Kingdom

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Hotel, Canterbury, United Kingdom

£16,000,000
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  • Yield
    6.25%
  • Built in 
    2021
Details
Property parameters
  • Total rooms: 130
Financial performance
  • Annual income: £1,006,921
Tenants
  • End of lease: 2046

Description

The new hotel consists of about 130 rooms.

There is a roof-top restaurant and shops on the ground floor.

Occupancy — 92%.

Financial performance

The annual income is £ 1,000,000 (~ 1,167,117 €).

The yield is 6.25%.

Tenants

The management agreement with a reputable operator has been concluded for a term of 10 years. The franchise agreement is signed till 2046 (an international hotel chain with several thousand branches all over the world).

Some retail units are vacant.

Transaction costs

Brokerage fee.

Location and nearby infrastructure

The property is located in the historic part of the ancient town of Canterbury in southeastern England, 85 km from London.

More properties

If this ad doesn't suit you, have a look at the other hotels for sale in Canterbury.

All ads in the country: hotels for sale in the United Kingdom.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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