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Redwings Lodge Uppingham Glaston Rd 40 Room Hotel Uppingham LE15 9DL $2,956,346 CAD ($73,909 CAD/Room)
Investment Highlights
- Asset management and investment opportunity
- Passing rent of £156,180 per annum
- Gross yield of 9.98% and a Net yield of 7.40%
- 2 commercial units & 10 residential apartments
- Asking Price of £1,600,000
Executive Summary
The property comprsies of a retail shop, cafe and 10 apartments. The property is currently fully let out producing a gross rent of £159,180 per annum, inclusive of service charges and is available at an Asking Price of £1,600,000. The asking price reflects a gross yield of 9.95%.
Property Facts
| Price | $2,956,346 CAD | Lot Size | 3.56 AC |
| Price Per Room | $73,909 CAD | Building Size | 16,250 SF |
| Sale Type | Investment | No. Rooms | 40 |
| Tenure | Freehold/Long Leasehold | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1940 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C |
| Price | $2,956,346 CAD |
| Price Per Room | $73,909 CAD |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.56 AC |
| Building Size | 16,250 SF |
| No. Rooms | 40 |
| No. Stories | 2 |
| Year Built | 1940 |
| Corridor | Interior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 40 | $77.60 CAD | - |
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Redwings Lodge Uppingham | Glaston Rd
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