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Lot 550

Travelodge Investment, Scottish Border – Guaranteed Yield

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An illustrated image of a parking lot with various colored cars, including red, white, green, purple, orange, and blue. The lot is adjacent to a multi-story beige building with a dark roof and a nearby tree on the left. Other buildings are visible in the background.
A cobblestone street lined with parked cars is flanked by historic stone buildings adorned with flags and hanging plants. A tree on the left provides shade, while a clear blue sky overhead suggests a pleasant day. Sidewalks are visible, adding to the quaint town atmosphere.
A historic stone gate with a large central archway stands at the entrance of a small town. The gate is flanked by old buildings. Traffic signs and flower beds with bright blooms decorate the area. A road runs through the archway under a clear sky.
A site plan map outlines a building and adjacent parking area with a red border. The building has a labeled main entrance. Adjacent to this, a private car park is shown with numbered spaces. A public car park is on the left, outside the red boundary.
A picturesque street corner in a small town features historic stone buildings including St. James's Church Centre. The scene shows a winding road flanked by quaint shops and houses with rooftops, under a slightly cloudy sky. A tree branch is partially visible.
A quaint street lined with small shops, including "Bright Water" and "Ruby Tuesday." The brick buildings have large windows displaying goods. There are wooden tables and chairs on the sidewalk, and a person carrying a shopping bag strolls by. The street is wet, suggesting recent rain.
1
An illustrated image of a parking lot with various colored cars, including red, white, green, purple, orange, and blue. The lot is adjacent to a multi-story beige building with a dark roof and a nearby tree on the left. Other buildings are visible in the background.
A cobblestone street lined with parked cars is flanked by historic stone buildings adorned with flags and hanging plants. A tree on the left provides shade, while a clear blue sky overhead suggests a pleasant day. Sidewalks are visible, adding to the quaint town atmosphere.
A historic stone gate with a large central archway stands at the entrance of a small town. The gate is flanked by old buildings. Traffic signs and flower beds with bright blooms decorate the area. A road runs through the archway under a clear sky.
A site plan map outlines a building and adjacent parking area with a red border. The building has a labeled main entrance. Adjacent to this, a private car park is shown with numbered spaces. A public car park is on the left, outside the red boundary.
A picturesque street corner in a small town features historic stone buildings including St. James's Church Centre. The scene shows a winding road flanked by quaint shops and houses with rooftops, under a slightly cloudy sky. A tree branch is partially visible.
A quaint street lined with small shops, including "Bright Water" and "Ruby Tuesday." The brick buildings have large windows displaying goods. There are wooden tables and chairs on the sidewalk, and a person carrying a shopping bag strolls by. The street is wet, suggesting recent rain.
2

Description

Outline of Completed development income 

5 % yield Guaranteed yield
30 year lease to Travelodge no break upward cap / collar reviews
Expected planning September 24
Expected completion June 25
Rack open market value £11.5.m (5% yield)

or take a look at

https://palaceauctions.com/property/parcel-of-land-of-limpsfield-road-warlingham-surrey-cr69ql-2/

Get in touch

Edward Swindells Auctioneer Consultant Auctioneer & Valuer

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Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing.

The Auctioneers do not warrant or represent that any plans or photographs show the up-to-date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.