Investment Opportunity - Mixed hotel and leisure investment, Whitchurch near Cardiff, CF14 6BH
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- Mixed use
No floor / site plan
Key features
- Mixed hotel & Leisure investment
- Long term rental income expiring 2035
- Secure rental income
- Attractive RPI indexation of the rents
- Freehold – offers in excess of £5.5m
- Energy rating: B
- Christie & Co Ref: 4241328
Description
HOTEL - 52 ensuite bedrooms
TOBY CARVERY RESTAURANT - 200 covers with function room (maximum 60)
STAFF ACCOMMODATION - Three staff apartments on the first floor of the restaurant
SUBSTANTIAL ON-SITE CAR PARK - c.110 spaces
Located just off the M4 motorway (junction 32) connecting London to South Wales with excellent connections to major destinations including:
• Cardiff (c. 4 miles)
• Swansea (c. 35 miles)
• Bristol (c. 40 miles)
• Reading (c. 100 miles)
Under 20 minutes from Cardiff city centre and mainline train station.
The hotel is close to business and leisure demand drivers including Cardiff Metropolitan University, Llandaff Cathedral and Cardiff Castle.
Freehold – We are instructed to quote offers in excess of £5,500,000 which represents a net initial yield of 8.78%, assuming an asset purchase structure.
- Service charge
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- Business rates
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- Use class
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- Listed building
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- Business for sale
- Yes
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Investment Opportunity - Mixed hotel and leisure investment, Whitchurch near Cardiff, CF14 6BH
About Christie & Co, Hotels
We are leading specialists in the hotel sector across the UK & Europe, providing expert brokerage, valuation and consultancy services.
With the largest hospitality team in the UK, we consistently sell more hotel businesses than any other agent. Our local knowledge, combined with our national coverage, ensures maximum exposure for your business.
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Disclaimer - Property reference 4241328-fh. 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.