Hospitality in Yorkshire and the Humber, England available for sale
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Hospitality Properties for Sale in Yorkshire and the Humber, England

Explore the Latest Yorkshire and the Humber, England Hospitality Properties for Sale

More details for 8 Bridlington St, Hunmanby - Hospitality for Sale

Southgate Bed and Breakfast - 8 Bridlington St

Hunmanby, YO14 0JR

  • Hospitality for Sale
  • £650,000
  • 3,835 sq ft
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More details for Lady Ln, Bingley - Hospitality for Sale

Oakwood Hall Hotel - Lady Ln

Bingley, BD16 4UF

  • Hospitality for Sale
  • £1,400,000
  • 15,000 sq ft
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More details for Thornton Le Beans, Northallerton - Hospitality for Sale

Crosby Hotel - Thornton Le Beans

Northallerton, DL6 3SW

  • Hospitality for Sale
  • £425,000
  • 6,635 sq ft
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More details for Main St, Weaverthorpe - Hospitality for Sale

The Star Inn - Main St

Weaverthorpe, YO17 8EY

  • Hospitality for Sale
  • £420,000
  • 4,800 sq ft
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More details for Freehold Ground Rent 'Choice Portfolio' – Hospitality for Sale

Freehold Ground Rent 'Choice Portfolio'

  • Hospitality for Sale
  • £15,300,000
  • 158,390 sq ft
  • 3 Hospitality Properties

Portfolio of properties for Sale - Wakefield

**Freehold ground rent investment, benefiting from c.121 years of contracted, RPI-linked ground rent income. The hotels are fully occupied and operated by the tenant under long-dated ground rent leases.** Portfolio Summary • Ground rent portfolio comprising three assets let to EC4 Hotel Limited (subsidiary of Choice Hotels Limited) • The three hotels are well located in Harrogate, Huddersfield, and Wakefield • All leases commence 1st November 2017 for a term of 125 years providing over 121 years to expiry (expiring 31st October 2142) • Total passing rent of £489,819 p.a. • The ground rent reflects a blended EBTIDA to rent cover ratio of c14% off forecasted stabilised • All assets are held Freehold • The rent is subject to upwards only 5 yearly, RPI rent reviews, collar and cap of 0%-4% with the next review in November 2022 • All assets are underpinned by VP and alternative use values • Rent has continued to be paid in full throughout the Covid 19 Pandemic The vendor is seeking offers in excess of £15,300,000 (Fifteen Million and Three Hundred Thousand Pounds) reflecting a net initial yield of 3.00% after purchaser’s costs of 6.70%. A purchase price at this level represents a very low average price per key of £42,265 which is less than VP or build cost. Reversionary yield of 3.40% following the review in 2022 assuming RPI growth of 2.5% p.a. At the quoting price, the net income generated from the hotels would reflect a yield of c21% off forecasted stabilised.

Contact:

Kimmre

Date on Market:

06/03/2025

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FAQs about Yorkshire and the Humber, England Hospitality Properties For Sale

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How many Hospitality Property listings are available for sale in Yorkshire and the Humber, England?
There are currently 18 Hospitality Properties on the market in and around Yorkshire and the Humber, England.
How much does it cost to buy Hospitality Property in Yorkshire and the Humber, England?
Asking prices in Yorkshire and the Humber, England range from £48 to £222, with a median of £92. Price depends on size, tenure and condition.

Discover More Hospitality Properties for Sale in the Yorkshire and the Humber, England

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