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Llanelli Cross Hands 2 Properties Offered at £3,650,000 in Llanelli
Investment Highlights
- Strategically located just off the A48 at Cross Hands, with excellent connectivity to the M4 (J48)
- Extensive site extending to 1.35 acres providing 51-bedroom hotel and a standalone drive to unit
- Low capital value of £150 psf
- Adjacent to Cross Hands Retail Park and Business Park, benefiting from strong national occupier demand
- Let to Travelodge Hotels Ltd on full repairing and insuring (FRI) terms at a current rent of £302,467 per annum
Executive Summary
The freehold of this hotel and Starbucks drive thru investment opportunity is available for the guide price of £3.65 million providing a yield of 7.75%.
Property Facts
| Price | £3,650,000 | Number of Properties | 2 |
| Price psf | £150.67 / sq ft | Individually For Sale | 0 |
| Yield | 7.75% | Total Property Size | 24,225 sq ft |
| Sale Type | Investment | Total Land Area | 3.32 ac |
| Status | Active |
| Price | £3,650,000 |
| Price psf | £150.67 / sq ft |
| Yield | 7.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Property Size | 24,225 sq ft |
| Total Land Area | 3.32 ac |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Travelodge Llanelli Cross Hands
Cross Hands, Llanelli SA14 6RJ |
Hospitality | 20,718 sq ft | 1989 | - |
|
Starbucks
Meadows Rd, Llanelli SA14 6RJ |
Retail | 3,507 sq ft | 1990 | - |
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