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Samlesbury Hotel, Preston New Road, Preston
Commercial Ground Rent Investment (Hotel)
Available
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- Secure long let commercial ground rent.
- Contemporary, purpose built 80-bedroom hotel on a prominent site with easy access to junction 31 of the M6.
- Strategic location close to major employers in the area, BAE Systems and AB InBev.
- Let to KRO Hotels Preston Limited with a further 118 years remaining.
- Current ground rent of £92,436 pa subject to review to RPI (capped at 4% per annum) on 1st July 2026 and 5 yearly.
- Passing rent equates to a very low £1,155 per room per annum.
The hotel has an approximate gross internal area of 56,975 sq ft on a site of approx. 5.31 acres. It is laid out over part two, part three floors and provides a large bar, separate restaurant area, function suite, meeting rooms, gym for the benefit of guests and a currently unused swimming pool/leisure area. Externally there is provision for 150 car spaces and large lawned areas.
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The property has an EPC rating of B. A copy of the EPC Report is available on request.