Travelodge Tewkesbury | Shannon Way
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Travelodge Tewkesbury Shannon Way
71 Room Hotel Ashchurch GL20 8ND $9,140,231 CAD ($128,736 CAD/Room) 7.50% Cap Rate
Investment Highlights
- Prominent Location
- Good Transport Links
- Close to local amenities
Executive Summary
Offers are sought in excess of £5,100,000 subject to contract and exclusive of VAT.
A purchase at this level would reflect an attractive net initial yield of 7.50% assuming purchasers costs of 6.59% and a low capital value of £71,830 per bed.
A purchase at this level would reflect an attractive net initial yield of 7.50% assuming purchasers costs of 6.59% and a low capital value of £71,830 per bed.
Property Facts
Price | $9,140,231 CAD | Lot Size | 0.20 AC |
Price Per Room | $128,736 CAD | Building Size | 28,410 SF |
Sale Type | Investment | No. Rooms | 71 |
Cap Rate | 7.50% | No. Stories | 3 |
Tenure | Freehold | Year Built | 2005 |
Property Type | Hospitality | Parking Ratio | 2.59/1,000 SF |
Property Subtype | Hotel | Corridor | Interior |
Building Class | C |
Price | $9,140,231 CAD |
Price Per Room | $128,736 CAD |
Sale Type | Investment |
Cap Rate | 7.50% |
Tenure | Freehold |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.20 AC |
Building Size | 28,410 SF |
No. Rooms | 71 |
No. Stories | 3 |
Year Built | 2005 |
Parking Ratio | 2.59/1,000 SF |
Corridor | Interior |
Amenities
- Restaurant
- On-Site Bar
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 71 | $127.25 CAD | - |
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Travelodge Tewkesbury | Shannon Way
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