Zip by Premier Inn Cardiff, Ipswich Road, Cardiff, CF23 9AQ

Guide price

£1,750,000

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Hotel

No floor / site plan

Key features

  • Modern city hotel
  • 138 purpose-built bedrooms
  • Ground floor bar and public areas
  • Extensive external parking
  • Long Leasehold interest to 2244
  • Offered free of brand, providing flexibility to rebrand or operate independently
  • Annual rent: 4% of turnover
  • Christie & Co Ref: 3440696

Description

Description

ZIP by Premier Inn Cardiff presents the opportunity to acquire a modern city hotel investment located within Cardiff. The property is currently operated under the ZIP by Premier Inn concept and has been purpose-designed to deliver efficient, high-quality budget accommodation in a prime urban environment.

The hotel will be offered free of brand, providing an incoming purchaser with the flexibility to continue trading independently, rebrand, or align the property with an alternative operator or franchise, subject to consents.

The hotel is purpose-built and arranged over multiple floors with a contemporary specification throughout. The ground floor incorporates a welcoming reception, bar, and a range of well-configured public areas designed to support both resident and non-resident trade, while offering operational efficiency and strong guest flow.

Externally, the property benefits from extensive on-site car parking, a notable advantage for a city hotel and a feature that enhances accessibility and market appeal.

Location

The property is located in Cardiff, a proven and resilient regional hotel market. The city benefits from a diverse demand base driven by leisure tourism, corporate activity and major sporting and entertainment events. Key attractions include the city centre retail core, Principality Stadium and Cardiff Bay, with excellent road and rail connectivity underpinning year-round trading potential.

Fixtures & Fittings

Trade fixtures & fittings are included within the long leasehold.

Letting Accommodation

The hotel provides 138 modern, purpose-built bedrooms arranged in line with the efficient ZIP by Premier Inn design philosophy. The accommodation is designed to maximise space utilisation while maintaining guest comfort.

Bedrooms typically feature ensuite shower rooms, comfortable beds, effective sound insulation, climate control, and contemporary fixtures and finishes. The uniform layout and consistent specification support ease of operation and present opportunities for repositioning or rebranding should a purchaser wish.

The Opportunity

This opportunity allows for the acquisition of a sizeable, modern city hotel offered free of brand, providing operational flexibility rarely available within this sector. Combined with the long leasehold tenure, extensive car parking provision, and Cardiff’s strong trading fundamentals, the property presents a compelling proposition for owner-operators, investors, and alternative branded operators alike.

Trading Information

Trading information can be obtained from the selling agent.

Tenure

The property is held on a long leasehold basis, offering an attractive and secure interest for purchasers seeking long-term ownership of a substantial hotel asset.
Rent Per Annum: 4% of turnover
Lease Term: 250 years
Lease Start Date: 22/05/2007
Lease End Date: 10/10/2244

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: B

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Zip by Premier Inn Cardiff, Ipswich Road, Cardiff, CF23 9AQ

NEAREST STATIONS

National Rail

Cardiff Queen Street Station

1.59 miles

National Rail

Cathays Station

1.6 miles

National Rail

Heath Low Level Station

1.95 miles

About Christie & Co, Hotels

Christie & Co, Hotels

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

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Disclaimer - Property reference 3440696-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.