Let to Yeoman Preston Property Limited t/a Holiday Inn Express on a long lease until 3017 (no breaks)
Annual upward only RPI linked rent reviews subject to 0% collar and 5% cap
Comprises 103 en-suite bedrooms, restaurant, bar and 3 conference rooms
Includes on-site customer parking for over 100 vehicles
Approximate site area of 1.54 Ha (3.80 Acres)
Excellent connectivity close to M6, M65 & M61 motorways
Nearby occupiers include Parcelforce Worldwide, Yodel, Summit Foods and Arnord Mardix
Lot 12
Auction 11th June 2026
Rent £69,687 per Annum Exclusive
Status Available
Guide* £1,000,000
Sector Ground Rent, Leisure, Hotel
Auction Venue Live Streamed Auction
On Behalf of a Major Fund
Property Information
Location
Miles
31 miles north-west of Manchester, 35 miles north-east of Liverpool
Roads
M6, M65, M61, A6,A582, A59
Rail
Bamber Bridge Railway Station, Preston Railway Station
Air
Blackpool Airport, Manchester International Airport
Situation
The property occupies a prominent roadside position with excellent road connectivity, close to the M6,M65 & M61 motorways and approximately 5 miles south-east of Preston City Centre. Nearby occupiers include Parcelforce Worldwide, Yodel, Summit Foods, Arnord Mardix and Four Oaks Business Park (adjacent) which feautures a range of a local trade counter businesses.
Tenure
Freehold.
Location
Miles
31 miles north-west of Manchester, 35 miles north-east of Liverpool
Roads
M6, M65, M61, A6,A582, A59
Rail
Bamber Bridge Railway Station, Preston Railway Station
Air
Blackpool Airport, Manchester International Airport
Situation
The property occupies a prominent roadside position with excellent road connectivity, close to the M6,M65 & M61 motorways and approximately 5 miles south-east of Preston City Centre. Nearby occupiers include Parcelforce Worldwide, Yodel, Summit Foods, Arnord Mardix and Four Oaks Business Park (adjacent) which feautures a range of a local trade counter businesses.
Tenure
Freehold.
Description
The property comprises a site of 1.54 Ha (3.80 Acres) upon which sits a modern hotel with 103 en-suite bedrooms, a bar, restaurant and 3 conference rooms. The property also benefits from a customer car park at the front of the property for over 100 vehicles.
Part of the car park has been underlet to Tesla Motors Limited for an EV charging station.
VAT
VAT is applicable to this lot.
EPC
Band B.
Description
The property comprises a site of 1.54 Ha (3.80 Acres) upon which sits a modern hotel with 103 en-suite bedrooms, a bar, restaurant and 3 conference rooms. The property also benefits from a customer car park at the front of the property for over 100 vehicles.
Part of the car park has been underlet to Tesla Motors Limited for an EV charging station.
VAT
VAT is applicable to this lot.
EPC
Band B.
Tenancy & Accommodation
Use
Site Area Approx. Ha
Site Area Approx. (Acres)
Tenant
Term
Rent p.a.x.
Rent Review
Hotel
1.54
(3.80)
YEOMAN PRESTON PROPERTY LIMITED (t/a Holiday Inn Express)
999 years from 16/02/2018 until 15/02/3017
£69,686.88
16/02/2027 and annually thereafter (1)
Total
1.54
(3.80)
£69,686.88
(1) The annual rent reviews are linked to RPI subject to a minimum of 0% and a maximum of 5% - please see the lease for full details. From 2168 the rent payable during the remainder of the term is a peppercorn.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
