Acting on behalf of a private investor MK2 Real Estate has advised on the acquisition of a ground rent investment. With 148 years remaining on the lease the prime 195 bed hotel pays 3% of it's turnover in rent with a current passing rent of £152,277 per annum.
The purchase price was £3,150,000.
© MK2 Real Estate 2021. All Rights Reserved. Site by Diablo