Travelodge Torquay, TQ2 5BZ

28 Newton Road, Torquay, TQ2 5BZ

A 90 bedroom hotel including ancillary bar and restaurant and demised car parking for 44 vehicles, built in 2008. Let to Travelodge Hotels Ltd on a 35 year lease from September 2008, with five yearly RPI indexation rent reviews.

Sold to Ropemaker Properties Ltd for £8.5 million, reflecting an NIY of 5.05%

Property contacts

Jeremy Grundy

Partner

T +44 20 7747 0131M +44 7973 667 015