Description
The new hotel consists of about 130 rooms.
There is a roof-top restaurant and shops on the ground floor.
Occupancy — 92%.
The annual income is £ 1,000,000 (~ 1,167,117 €).
The yield is 6.25%.
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.
Brokerage fee.
The property is located in the historic part of the ancient town of Canterbury in southeastern England, 85 km from London.