Confidential sale. An NDA and proof of funds will be required to proceed further.
Freehold 120+ room hotel with long term, guaranteed rent from a blue-chip tenant. The current owners are offering this freehold property for sale, presenting the following opportunities for the new owner:
Rental Income: The property generates a stabilized yield of 9% from a blue-chip tenant and the rental amount increases annually based on an index scale.
Land and Development: Situated on over 2 acres of land, with pre-planning advice available for additional bedrooms.