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Travelodge London Bermondsey 67-71 Tanner St
73 Room Hotel London SE1 3PL $27,173,684 CAD ($372,242 CAD/Room)
Investment Highlights
- London Bridge station (Jubilee, Northern, Southern and South Eastern lines) is approximately a 10 minute walk from the property
- An annual Rent of £839,500 or £11,500 per room, which commences on practical completion
- The development is a 9-storey plus basement building that will provide a 73-bedroom hotel with a restaurant at ground floor level
- The site offers a rare and unique investment opportunity with a strong covenant in a sought-after location
Executive Summary
The freehold interest of the property is available. Alternatively a pre-let is available on terms by negotiation.
Property Facts
| Price | $27,173,684 CAD | Lot Size | 0.08 AC |
| Price Per Room | $372,242 CAD | Building Size | 22,000 SF |
| Sale Type | Investment | No. Rooms | 73 |
| Tenure | Freehold | No. Stories | 10 |
| Property Type | Hospitality | Year Built | 2024 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B |
| Price | $27,173,684 CAD |
| Price Per Room | $372,242 CAD |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 22,000 SF |
| No. Rooms | 73 |
| No. Stories | 10 |
| Year Built | 2024 |
| Corridor | Interior |
Amenities
- High Speed Internet Access
- On-Site Bar
- Public Access Wifi
- Smoke-Free
About 67-71 Tanner St , London, LND SE1 3PL
The property comprises a 9 storey hotel building with a size of 22,241 sq. ft. The hotel consists of a nine-storey, 73-bedroom purpose-built Travelodge branded hotel. The bedrooms are all en-suite and provide a range of double, family, twin, and accessible rooms. There is also a restaurant on the ground floor which given the surrounding foodie attractions has great potential to act as an additional pull for the hotel. The property will be located on Tanner Street midway between Tower Bridge Road and Shad Thames, in an area where substantial development has taken place, transforming it into an attractive and fashionable mixed use location. London Bridge Station (mainline services, Jubilee & Northern underground) is approximately 10 minutes’ walk away.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 73 | $148.55 CAD | - |
-
Sebastian Kalmar -
Adrian Gurney -
Kalmars
Presented by
Travelodge London Bermondsey | 67-71 Tanner St
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