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Premier Inn Marine Para 126 Room Hotel Dover CT16 1LW £13,600,000 (£107,937/Room)
Investment Highlights
- Freehold hotel investment
- 80 on-site parking spaces
- Marina-front Dover location
Executive Summary
Freehold hotel investment comprising a 126-bedroom Premier Inn in Dover Marina. Let to Premier Inn Hotels Ltd, guaranteed by Whitbread PLC, with an unexpired lease term to March 2044 and CPI-linked rent reviews every five years. Current rent £871,891 per annum. Offers in excess of £13.6 million.
Property Facts Sale Pending
| Price | £13,600,000 | Total Plot Size | 0.34 ac |
| Price Per Room | £107,937 | Property Size | 65,104 sq ft |
| Sale Type | Investment | No. Rooms | 126 |
| Tenure | Freehold | No. Floors | 4 |
| Property Type | Hospitality | Year Built/Renovated | 2001/2018 |
| Property Subtype | Hotel | Parking Allocation | 1.58/1,000 sq ft |
| Costar Property Class | C | Corridor | Interior |
| Price | £13,600,000 |
| Price Per Room | £107,937 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | C |
| Total Plot Size | 0.34 ac |
| Property Size | 65,104 sq ft |
| No. Rooms | 126 |
| No. Floors | 4 |
| Year Built/Renovated | 2001/2018 |
| Parking Allocation | 1.58/1,000 sq ft |
| Corridor | Interior |
Amenities
- Restaurant
Room Mix Information
| Description | No. Rooms | Daily Rate | sq ft |
|---|---|---|---|
| Guest Room | 126 | £77.00 | - |
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Premier Inn | Marine Para
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