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Redwings Lodge Uppingham Glaston Rd 40 Room Hotel Uppingham LE15 9DL £1,600,000 (£40,000/Room)
Investment Highlights
- Asset management and investment opportunity
- Passing rent of £156,180 per annum
- Gross yield of 9.98% and a Net yield of 7.40%
- 2 commercial units & 10 residential apartments
- Asking Price of £1,600,000
Executive Summary
The property comprsies of a retail shop, cafe and 10 apartments. The property is currently fully let out producing a gross rent of £159,180 per annum, inclusive of service charges and is available at an Asking Price of £1,600,000. The asking price reflects a gross yield of 9.95%.
Property Facts
| Price | £1,600,000 | Total Plot Size | 3.56 ac |
| Price Per Room | £40,000 | Property Size | 16,250 sq ft |
| Sale Type | Investment | No. Rooms | 40 |
| Tenure | Freehold/Long Leasehold | No. Floors | 2 |
| Property Type | Hospitality | Year Built | 1940 |
| Property Subtype | Hotel | Corridor | Interior |
| Costar Property Class | C |
| Price | £1,600,000 |
| Price Per Room | £40,000 |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | C |
| Total Plot Size | 3.56 ac |
| Property Size | 16,250 sq ft |
| No. Rooms | 40 |
| No. Floors | 2 |
| Year Built | 1940 |
| Corridor | Interior |
Room Mix Information
| Description | No. Rooms | Daily Rate | sq ft |
|---|---|---|---|
| Guest Room | 40 | £42.00 | - |
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Redwings Lodge Uppingham | Glaston Rd
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