Jackson House | Jackson Rd
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Jackson House Jackson Rd
57 Room Hotel Clacton On Sea CO15 1JA $4,182,510 ($73,377/Room) 7.70% Cap Rate
Investment Highlights
- Over 70% of rental income from Travelodge Hotels Ltd
- 57 bedroom hotel leased to Travelodge for a term of 25 years from 29 November 2023
- Nine flats let on 125-year leases
- Hotel, retail and residential accommodation
- Seven flats let on assured shorthold tenancy agreements
- Three commercial units let to individual tenants and car parking
Property Facts
Price | $4,182,510 | Building Class | C |
Price Per Room | $73,377 | Lot Size | 0.58 AC |
Sale Type | Investment | Building Size | 67,000 SF |
Cap Rate | 7.70% | No. Rooms | 57 |
Tenure | Freehold | No. Stories | 7 |
Property Type | Hospitality | Year Built | 2009 |
Property Subtype | Hotel |
Price | $4,182,510 |
Price Per Room | $73,377 |
Sale Type | Investment |
Cap Rate | 7.70% |
Tenure | Freehold |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.58 AC |
Building Size | 67,000 SF |
No. Rooms | 57 |
No. Stories | 7 |
Year Built | 2009 |
Amenities
- Restaurant
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 57 | $57.03 | - |
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Jackson House | Jackson Rd
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