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Premier Inn Marine Para 126 Room Hotel Dover CT16 1LW $25,546,273 CAD ($202,748 CAD/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 | $25,546,273 CAD | Lot Size | 0.34 AC |
| Price Per Room | $202,748 CAD | Building Size | 65,104 SF |
| Sale Type | Investment | No. Rooms | 126 |
| Tenure | Freehold | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 2001/2018 |
| Property Subtype | Hotel | Parking Ratio | 1.58/1,000 SF |
| Building Class | C | Corridor | Interior |
| Price | $25,546,273 CAD |
| Price Per Room | $202,748 CAD |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 65,104 SF |
| No. Rooms | 126 |
| No. Stories | 4 |
| Year Built/Renovated | 2001/2018 |
| Parking Ratio | 1.58/1,000 SF |
| Corridor | Interior |
Amenities
- Restaurant
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 126 | $144.64 CAD | - |
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Premier Inn | Marine Para
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