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Travelodge Tolworth 459 Ewell Rd

132 Room Hotel Surbiton KT6 7ET £10,150,000 (£76,894/Room) 7.50% Net Initial Yield

Investment Highlights

  • Prominent Location
  • Parking Available
  • Great Transport Links

Executive Summary

Seeking offers in excess of £10,150,000, subject to contract and exclusive of VAT. After allowing for purchaser’s costs of 6.40%, this level would reflect: Net Initial Yield of 7.50% Reversionary Yield (Oct 2027) of 8.83% Capital value of £236 per sq ft & £76,900 per bed

Attachments

TL+Tolworth+24

Property Facts Sale Pending

Price £10,150,000
Price Per Room £76,894
Sale Type Investment
Net Initial Yield 7.50%
Tenure Long Leasehold
Property Type Hospitality
Property Subtype Hotel
Building Class C
Building Size 42,943 SF
No. Rooms 132
Number of Floors 6
Year Built/Renovated 1970/2023
Parking Ratio 1.56/1,000 SF

Amenities

  • On-Site Bar
  • Meeting Event Space
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 132 £43.00 -
  • Listing ID: 32010382

  • Date on Market: 04/06/2024

  • Last Updated:

  • Address: 459 Ewell Rd, Surbiton KT6 7ET

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