Long-Income Mixed-Use Investment Anchored by Travelodge in a Prominent Location

Summary

• Well established retail parade and hotel comprising 16,175 sq. ft (1,503.1 sq m) of retail space and a 22,344 sq. ft (2,076.57 sq m) 60 bedroom hotel above.
• Occupying a prominent site of 1.092 acres (0.44 hectares).
• Anchored by Travelodge Hotels Ltd with other occupiers including Ladbrokes, Poundstretcher and InHealth Limited (an NHS funded provider).
• Passing rent of £516,122 pax and an ERV of £576,806 pax.
• WAULT of 9.64 years to break and 10.33 years to expiry.