Travelodge, Wirral Park Road, Glastonbury, Somerset, BA6 9XE
19,959 sq ft
- 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.
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