Travelodge London Bermondsey, 67-71 Tanner Street , London , SE1 3PL

Zone 1 Hotel Investment Opportunity

This prime investment, freehold property is in a high demand location between London Bridge and Bermondsey. An opportunity to secure an attractive newly constructed building with a 25-year lease to Travelodge Hotels Limited, a leading budget hotel chain, with consistent and stable income.

The brand new development is designed to meet the needs of modern travelers and is expected to complete in April/May 2024.

It has a total built area of 22,000 sq ft (2,000 sq m) across nine floors with 73 rooms which will provide highly attractive views of The Shard.

Positioned off Bermondsey Street near London Bridge, Tower Bridge and Bermondsey Tube this location has been a steady and longstanding strong place for investment. With limited budget hotel competition in the immediate vicinity and this being the newest in the area it ensures a steady stream of guests and potential for good rental growth.

With a new 25-year lease to Trave Travelodge Hotels Limited this offers long-term stable income. Upward-only rent reviews every five years also provide stable growth.

As the newest hotel in the area the buildings sustainability and environmental credentials which are of increasing importance provide an investor security.