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Case Study: Blossom Street, York

Marketing / 25 Sep, 14

Our agency team sourced the investment opportunity to suit our client’s requirements and then were able to both broker and secure the acquisition of the asset on behalf of our clients.

The property, a four storey 91 bed hotel on Blossom Street in York City Centre was acquired on a forward purchase basis for £10.45 million. The property was let in its entirety to Whitbread Group PLC, trading as Premier Inn, on a 25 year lease with fixed rental uplifts.

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Topics: Case StudyNews

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