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Hospitality Property for Sale near Tollcross, Glasgow

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Hospitality Properties for Sale Within 10 miles of the Tollcross, Glasgow

More details for 29-31 Townhead St, Hamilton - Hospitality for Sale

Premier Inn Glasgow Hamilton - 29-31 Townhead St

Hamilton, ML3 7BQ

  • Hospitality for Sale
  • £10,360,000
  • 39,000 sq ft
  • Restaurant

Hamilton Hospitality for Sale - Glasgow

Modern, purpose-built 96-bed Premier Inn with Beefeater restaurant and additional retail unit, prominently located in central Hamilton on Townhead Street. Fully let on long leases: Premier Inn Hotels Ltd at £570,498 p.a. (25-year term from April 2021, CPI-linked reviews capped at 4%) and German Doner Kebab at £57,500 p.a. Total income £663,214 p.a. WAULT to expiry approx. 20.6 years. Offers sought in excess of £10,360,000, reflecting a net initial yield of 6.00%. EPC rating C.

Contact:

Kimmre

Property Subtype:

Hotel

Date on Market:

07/01/2026
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