Travelodge, Wirral Park Road, Glastonbury, Somerset, BA6 9XE

19,959 sq ft

Investment Opportunity

Investment Summary

  • Glastonbury is located 25 miles south of Bristol approximately 12 miles east of Junction 23 of the M5.
  • The Travelodge Hotel is situated on the western edge of the town on the well established Wirral Business Park.
  • The investment developed in 2004 comprises of a 48 bed hotel let to Travelodge together with three separately let ground floor fast food units.
  • Current income is £218,985 pa of which 78% is secured against Travelodge for a further 16 years.
  • We are seeking offers in excess of £3,250,000 reflecting a net yield of 6.3% rising to a minimum of 6.57% in March 2017.

© 2018 BCMRE Ltd