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Current Sales
Travelodge, Snaresbrook, London E11
Price
£2,550,000
Yield
7.60%
Income
£205,000
Sector
Hotels
Summary
Attractive purpose-built hotel providing 24 rooms located in Snaresbrook, East London.
The total GIA is approximately 678.5 sqm (7,303 sqft), arranged on ground and first floors.
The property is let to Travelodge Hotels Limited on an FRI lease with an effective term certain in 2041 (18.8 years unexpired) without break.
Future potential to provide an alternative residential focused use, subject to vacant possession and necessary consents.
Contact
Stephen Gevertz
Email:
stephengevertz@lewisandpartners.com
Mobile:
07879 628 646
Brochure
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