Holiday Inn Express Reedfield Place, Walton Summit Centre, Bamber Bridge Preston PR5 8AA

Holiday Inn Express
Reedfield Place, Walton Summit Centre, Bamber Bridge
Preston
PR5 8AA

Substantial Freehold Hotel Ground Rent Investment

Let to Yeoman Preston Property Limited t/a Holiday Inn Express on a long lease until 3017 (no breaks) (1)
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
until 2168 (1)
Status
Withdrawn Prior
Price
Auction Venue
Live Streamed Auction
On Behalf of a Major Fund

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Substantial Freehold Hotel Ground Rent Investment

Let to Yeoman Preston Property Limited t/a Holiday Inn Express on a long lease until 3017 (no breaks) (1)
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 until 2168 (1)
Status Withdrawn Prior
Price
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

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

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.