Hankridge Way - Hospitality FOR SALE
Taunton, SOM TA1 2LR |
Hankridge Way
Taunton, SOM TA1 2LR
HIGHLIGHTS
- Purpose built future proofed 64 bedroom economy hotel with larger than typical room size and EPC rating of B (28)
- Exceptional trading position at J25 of the M5 at Taunton, county town and commercial /administrative centre of Somerset
- Diverse demand drivers include local business and leisure demand but also significant M5 related West Country bound traveller
- Current rent of £264,990pa, only £4,140 per room with next review in August 2027
- 5 yearly Rent reviews to 102.5% of the (uncapped) increase in RPI
- Travelodge is the second largest hotel brand in the UK and recently published record profits
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Travelodge Taunton Hotel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
22972
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1998
PARKING SPACES
43
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
ST147720
