Investment
Investment Opportunity – Premier Inn – Peterborough
Rivergate, Peterborough, PE1 1EN
For Sale
Terms
0.86 acre (3,480.30 sq m)
Size
Gallery
- City centre 126-bedroom Premier Inn hotel with restaurant
- Situated 10 minutes walk from Peterborough train station
- Let to Premier Inn Hotels Ltd for a long unexpired term of 20.5 years
- Current passing rent of £642,600 per annum, reflecting a low rent per room of £5,100. The next review is due on 30 September 2025. Rent to be topped up to £752,174 per annum
- 5 yearly (compounded annually) CPI linked upwards only rent reviews (collared at 0% & 4%)
- Excellent ESG credentials with an EPC rating of A22
- Site area of 0.86 acres (0.35 hectares)
- Freehold
More information
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Where to find this property
Peterborough
PE1 1EN
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