Attractive Purpose Built Hotel Providing 34 Rooms In Woodford Green

Summary

• Securely Let to Travelodge Hotels Limited with 16.3 years term certain

• There is potential to provide alternative residential focused uses, in particular utilising the existing layout, subject to obtaining all necessary consents

• The property benefits from right to use the car park

• There is also an opportunity to add an additional floor, subject to vacant possession and obtaining all necessary consents

• Virtual Freehold – 999 years from 10th August 2010, at a ground rent of £10 per annum