Jackson House, 45 Jackson Road, Clacton, Essex

GBP 3,300,000
For Sale

Property Details

Property Type

Ask agent

Description

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • Over 70% of rental income from Travelodge Hotels Ltd • Hotel, retail and residential accommodation • 57 bedroom hotel leased to Travelodge for a term of 25 years from 29 November 2023 • Seven flats let on assured shorthold tenancy agreements • Nine flats let on 125-year leases • Three commercial units let to individual tenants • Car parking

Location: • Nearest Station: Clacton Station • Distance to Station: 0.3 miles

Agent Information: • Address: Greenmarket, Dundee, DD1 4QB

Full Description: Freehold Mixed Use Investment Opportunity with over 70% of Rental Income from Travelodge Hotels LtdFreehold Mixed Use Investment OpportunityOver 70% of rental income from Travelodge Hotels LtdHotel, retail and residential accommodation57 bedroom hotel leased to Travelodge for a term of 25 years from 29 November 2023Seven flats let on assured shorthold tenancy agreementsNine flats let on 125-year leasesThree commercial units let to individual tenantsCar parking

Location

Address

Jackson House, 45 Jackson Road, Clacton, Essex

City

Clacton-on-Sea

Features and Finishes

Over 70% of rental income from Travelodge Hotels Ltd, Hotel, retail and residential accommodation, 57 bedroom hotel leased to Travelodge for a term of 25 years from 29 November 2023, Seven flats let on assured shorthold tenancy agreements, Nine flats let on 125-year leases, Three commercial units let to individual tenants, Car parking

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