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Hankridge Way
Taunton TA1 2LR
Travelodge Taunton Hotel · Hospitality Property For Sale · 22,972 SF

INVESTMENT HIGHLIGHTS

  • Purpose built future proofed 64 bedroom economy hotel with larger than typical room size and EPC rating of B (28)
  • Diverse demand drivers include local business and leisure demand but also significant M5 related West Country bound traveller
  • 5 yearly Rent reviews to 102.5% of the (uncapped) increase in RPI
  • Exceptional trading position at J25 of the M5 at Taunton, county town and commercial /administrative centre of Somerset
  • Current rent of £264,990pa, only £4,140 per room with next review in August 2027
  • Travelodge is the second largest hotel brand in the UK and recently published record profits

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.86 AC
Building Size 22,972 SF
No. Stories 2
Year Built/Renovated 1998/2007
Parking Ratio 1.87/1,000 SF
Corridor Interior
  • Listing ID: 28919312

  • Date on Market: 7/5/2023

  • Last Updated:

  • Address: Hankridge Way, Taunton TA1 2LR

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