THE BOOKING PORTFOLIO

LONG INCOME HOTEL INVESTMENT WITH 5 YEARLY UNCAPPED RPI LINKED UPWARD ONLY RENT REVIEWS THE BOOKING PORTFOLIO EXECUTIVE SUMMARY Based onmeasured*Based scaleddrawings provided by the vendor. plansare Floor available inthedataroom. • • • • of of Pounds) to subject contract andexclusive of VAT. A purchase at this level, provides anet initial yield We are instructed to seekoffers in excess of • • • • • • • Total Net Rent of approximately £3,195 Total Passing Rent of £2,095,693 perannumwhichreflects alow average rent per bedroom an unexpired effective term of inexcess of 22years properties benefiting from aLandlord option agreement to extend the lease by 3 years providing 17 assetsAll are let onFRIleases to Travelodge Hotels Ltd expiring on 09/08/2035 with all providing a total of 656rooms An excellent opportunity to invest in a national hotel portfolio comprising accommodation to necessary subject gaining all consents Potential for alternative uses including residential, nursing home, healthcare and student 37% of income isderived from hotels in theSouth of The portfolio is spread geographically across theUK in anumber of established locations an unexpired lease term of over 169years Perth is held ona 175 year longleasehold at a fixed annual rent of £10perannum with annum with anunexpired lease term of over 218years English propertiesAll are held ona 225 year long leasehold at a fixed annual rent of £10per Under £150psf capitalvalue* 5 yearly uncappedRPIlinked upward only rent reviews withthe next review in2020 7% and anoverall capitalvalue of only £42,744 per bedroom assuming purchaser’s costs of 6.76%. £2,095,523 perannum per annum £28,040,000 (Twenty Eight andForty Million Thousand 17 singlelet assets

17

1 BASILDON WICKFORD 2 DERBY CHADDESDEN 3 LEICESTER HINCKLEY PORTFOLIO 4 NOTTINGHAM WOLLATON PARK THE BOOKING 5 ROAD 6 AIGBURTH 7 WARRINGTON LOWTON 8 BOURNEMOUTH COOPER DEAN 9 FRIMLEY PORTSMOUTH ROAD

10 PLYMOUTH ROBOROUGH 16 11 PLYMOUTH DERRIFORD 15 12 BIRMINGHAM CASTLE BROMWICH 7 13 STOKE ON TRENT TRENTHAM 6 14 COVENTRY BINLEY 5 13 15 MORELY 2 16 HULL ROAD 4 3 17 PERTH BROXDEN JUNCTION 12 14

DATAROOM Further information is provided in the dataroom. For access please 1 register on the following website www.bookingportfolio.com 9

8

10 11 THE BOOKING PORTFOLIO

LIVERPOOL LEICESTER AIGBURTH HINCKLEY ROAD

WARRINGTON NOTTINGHAM BASILDON LOWTON WOLLATON PARK WICKFORD

CHESTER BOURNEMOUTH DERBY COOPER DEAN WARRINGTON ROAD CHADDESDEN LEEDS BIRMINGHAM FRIMLEY MORELY CASTLE BROMWICH PORTSMOUTH ROAD

YORK STOKE ON TRENT PLYMOUTH HULL ROAD TRENTHAM ROBOROUGH

PERTH COVENTRY PLYMOUTH BROXDEN JUNCTION BINLEY DERRIFORD

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO TENANCY SCHEDULE Total Perth Broxden Junction York Road Hull Leeds Morely Coventry Binley Stoke onTrent Trentham Birmingham Castle Bromwich Plymouth Derriford Plymouth Roborough Frimley Portsmouth Road Bournemouth Cooper Dean Warrington Lowton Liverpool Aigburth Chester Warrington Road Nottingham Wollaton Park Leicester Hinckley Road Derby Chaddesden Basildon WickfordBasildon Travelodge Title Crieff Road, Perth PH13JJ Hull Road, York,YO10Hull 3LF Bruntcliffe Road, Morley, Leeds LS270LY Brinklow Road, Coventry CV32DS Staffordshire ST4 8BU Longton Road, Stoke onTrent, Birmingham B360AG Chester Road, Castle Bromwich, Derriford Road, Plymouth,Devon PL68BD Tavistock Road, PlymouthPL67HB 114 Portsmouth Road, Frimley GU151HS Cooper BournemouthBH77DP Dean Roundabout, Newton Road, Lowton, Warrington WA3 1HD Aigburth Road, Liverpool L199DN Chester CH24EX Warrington Road, MickleTrafford, Derby Road, Wollaton Vale, NG82NR Hinckley Road, Leicester LE33PG Nottingham Road, Derby DE216LZ Runwell Road, Wickford, SS11 7QJ Address Scotland North East North East West Midlands West Midlands West Midlands South West South West South East South West North West North West North West East Midlands East Midlands East Midlands South East Region of Rooms 656 53 No 40 32 40 31 31 75 38 43 28 58 33 36 34 31 29 24 £2,095,693 Passing Rent £177,914 £212,573 £268,027 £218,349 £110,908 £154,809 £107,442 £97,044 £90,112 £70,473 £93,578 £86,647 £94,734 £97,044 £67,007 £63,541 £85,491 Per Room £3,357 £5,314 £3,033 £2,253 £2,273 £3,019 £3,574 £2,281 £5,078 £3,961 £2,669 £2,871 £2,985 £2,854 £2,162 £2,191 £3,652 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 10/08/2010 Lease Start Current Lease 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 09/08/2035 Expiry 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 Rent Review Next to Extend Expiry Landlord Option 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 16/07/2038 rent of £10perannumwithoutreview. including 9August 2185at anannual leasehold from 10August 2010to and Perth is heldona175year long £10 perannumwithoutreview. 10th August 2010at anannualrent of year longleasehold from andincluding The Englishproperties are heldona225 linked to RPI. 5 yearly upward onlyrent reviews The lease to issubject uncapped RENT REVIEW years thereby expiring 16July2038. option to extend thelease by three The properties are to subject landlords 2010 expiring on9August 2035. Ltd for aterm of 25years from 10August and insuringterms to Travelodge Hotels The properties are repairing let onafull LEASE TERMS TENURE TRAVELODGE COVENANT INFORMATION debt, giving thecompany roomdebt, to operate andgreater flexibility. due in2017and2018.Thisextends thematurity of Travelodge’s to repay theirexisting all bankloanson10May2016, whichwere the proceeds of thenew arrangements have allowed Travelodge Travelodge hasrecently undertaken asuccessful refinancing and between 2012and2014. the chainhasincreased revenue by 25%andprofit 218% Underthestewardshipand GoldmanSachs. of thenew owners investors, GoldenTree Avenue Asset CapitalGroup Management, Dubai International Capital(DIC)to three of thecompany’s In October 2012theownership of Travelodge transferred from and Birmingham. hotel brands inLondon andthebiggest hotelier inEdinburgh towns andpopularholiday destinations anditisoneof thebiggest More than80%of theirhotels are located citycentres, inmajor reservations are now madeonline. with over visitseach 1.2million week andover 80%of all website isoneof theUK’stop five most visited travel websites hotels Ireland and38,000 roomsandSpain.Their across theUK, budget hotel sector andasof January 2016thechainoperates 526 is thesecond largest hotel brand intheUKwith30.4%of theUK and isnow Britain’sonlyindependenthotel chain.Thecompany Founded in1985, Travelodge istheUK’sfirst budget hotel brand Source: Travelodge Hotels Ltd 31December 2015 Company Accounts. Company accounts, D&BandRiskdiskRatings are available onthedataroom. 60% to £101.9mandoperating profits increased by 98%to £64.1m. by 45% on the previous years. Due to tight cost controls EBITDA rose by 1%. Revenues increased 13%to £552mwith direct business up sales Travelogical’ advertising campaignlikefor likeoccupancy increased by Advisor of 4outof 5stars. Following theupgrading of rooms and‘That’s feedback increased withnew lookhotels benefiting from anaverage Trip Following completion programme of the£100mmodernisation customer *Before exceptional items. Key performance details are asfollows: accounts was thehighest recorded inthecompany’s 30year history. growth from new hotels in 2015.TheEBITDA of £101.9minthe2015 The company benefited from record customer numbersandfurther Occupancy Performance Indicators UK likefor likeKey EBITDA Revenue Per Available Room Average room rate Operating Profit* £101.9m £64.1m £38.44 £50.19 76.6% 2015 £62.8m £32.4m £34.42 £45.53 75.6% 2014 Growth 1.0 pts 11.7% 10.2% 62.3% 98%

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO BASILDON WICKFORD RUNWELLBASILDON ROAD, WICKFORD, SS11 7QJ • • • • Current rent passing £85,491 per annum (£3,562 per room) benefiting from passing motorist trade Situated adjacent to Wickford’s main arterial road the A132 eastnorth of Central Ideally located in the attractive town of Wickford 30 miles house public benefiting from shared with car parking the adjacent Standalone two storey hotel with 24 en-suite bedrooms

approximately 25minutes drive away. of approximately 36minutes. SouthendAirportislocated to London Liverpool Street are available with ajourney time national motorway network beyond. Inaddition,rail services and withincloseproximity to theA13andM25 Road communications are goodbeinglocated ontheA127, distribution services for London andthesoutheast. and isthelargest deepwater portontheRiver Thames providing The Port islocated of Tilbury 16miles southwest of Wickford leisure centre (3miles to of Basildon thesouth). (10 miles to thesoutheast) andthelocalcommercial, retail and the southwest), thepopularseaside town of Southend-on-Sea within easy commuting distance of Central London (30miles to Wickford isan attractive town inEssex strategically located LOCATION RUNWELL ROAD, WICKFORD, SS11 7QJ WICKFORD BASILDON area includeTropical WingsZoo and Festival Leisure Park. Park islocated incloseproximity. Otherattractions inthesurrounding number of heritagetrails for theoutdoor typeandTheWickCountry picturesque surroundings, listed buildings andsculptures. There are a Wickford attracts visitors dueto itsnatural beauty benefiting from LOCAL ATTRACTIONS public house.with theadjoining en-suite bedrooms. The hotel benefits from shared carparking is arranged over ground providing andfirst floors atotal of 24 brickwork to theelevations underamultipitched tiledroof. It The property isof traditional construction cladexternally with DESCRIPTION The surrounding area ispredominantly rural land. of national retailers includingBoots, Superdrug andNew Look. of Wickford Town Centre, whichishometo avaried cross section the A130.Theproperty isapproximately 2.6miles northeast frontage directly onto theA132andcloseto thejunctionwith The property issituated ontheoutskirtsof Wickford with SITUATION The passing rent is£85,491 perannum(£3,562 perroom). RENT scaled plansprovided by theVendor. 7,083 SqSt (658Sqm)whichhasbeencalculated from The property provides anestimated Gross Internal Area of AREA owner occupiers, compared to thenational average of 66%. Home ownership in the area is high, with 73% of population being hasanabovegroupings ABand Basildon average retiree population. of 181,000. Thearea has19%of thepopulation beinginclass catchment population of 325,000 and an estimated shopping population Wickford lies withintheBorough whichhasaprimary of Basildon DEMOGRAPHICS are achieving approximately £280persqft. necessary consents. Newly converted 1bedand2flats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO DERBY CHADDESDEN • • • • Current rent passing £63,541 per annum (£2,191 per room) proximity to Derbyshire County Cricket ground Road adjacent to Taddiston Park golf course and in close Prominently situated with main road frontage on Roman Located in the commercial centre of Derby house public benefiting from shared with car parking the adjoining Standalone two storey hotel with 29 en-suite bedrooms NOTTINGHAM ROAD, NOTTINGHAM DERBY DE21 6LZ

a leading business parkintheEast Midlands. The development of PridePark hasprovided theCitywith Royce Premier Furniture, plc, S&A Foods Limited and Toyota. Derby employers hasanumberof major includingRolls approximately 12 miles to thesouth-east of thecity. area located isserved by International East Midlands Airport, to London St Pancras of 1hour28minutes. Furthermore, the has adirect rail service to London withafastest journey time providing dualcarriageway access to theM1andM6.TheCity The town benefits from excellent communications withtheA50 127 miles northwest of London. west of Nottingham, 30miles north west of Leicester and and commercial centre. Itislocated approximately 16miles andathriving retailDerby cityintheEast Midlands isamajor LOCATION ROAD,NOTTINGHAM DERBY DE21 6LZ DERBY CHADDESDEN flower-filled Chaddesden Park alongwiththelocalbird and sanctuary shops andhistoric streets of Derby centre. Near the hotel there isthe The hotel attracts visitors wishingto balance countryside withthe LOCAL ATTRACTIONS publichouse.car parkingwiththeadjoining a total of 29en-suite bedrooms. Thehotel benefits from shared accommodation isarranged over groundproviding andfirst floors rendered elevations underapitched, tiled roof. The The property isof traditional construction, withbrickwork/ DESCRIPTION Derbyshire Cricket ground to theeast. Chaddesden Park islocated to therear of theproperty, with at thejunctionof Nottingham Road andChaddesden Road. approximately 1 mileto theeast of thecitycentre andissituated The property islocated intheChaddesden district of Derby, SITUATION Derby andtheRoyal ArtGallery Crown Derby Porcelain Company. attractions includingthehistoric Cathedral Quarter, theDerby Museum, nature reserve. Inthe centre of Derby visitors anumberof canenjoy scaled plansprovided by theVendor. 8,009 SqFt(744.1m)whichhasbeencalculated from The property provides anestimated Gross Internal Area of AREA occupier percentage that ishigherthantheUKaverage of 66%. in thesouthof thecity. Inadditionat 69%Derby hasanowner the UKaverage withmany areas ‘pockets’ of affluent concentrated of thenational average. The area hasademographic profile closeto the population beinginclass groupings ABwhichissimilarto that estimated shoppingpopulation of 398,000. Thearea has21%of Derby hasaprimary catchment population of 568,000 andan DEMOGRAPHICS The passing rent is£63,541 perannum(£2,191 perroom). RENT © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO LEICESTER HINCKLEY ROAD ROAD, HINCKLEY HINCKLEY LEICESTER LEICESTER 3PG LE3 • • • • Current rent passing £67,007 per annum (£2,162 per room) Leicester Ring Road (A563) Prominently situated on the A47 in close proximity to the Located in the major East Midland of city Leicester house public benefiting from shared with car parking the adjoining Standalone two storey hotel with 31 en-suite bedrooms approximately 10minutes drive away. some localretail uses. Fosse Park retail amajor destination is road. Thesurrounding area ispredominantly residential with frontage to theA47, 1½ miles from theA563Leicester ring The property issituated inLeciester Forest East withaprominent SITUATION the city. and islocated approximately 20miles to thenorth-west of airport provides frequent domestic andinternational airtravel with afastest journey timeof 1hour10minutes. East Midlands station provides highspeedtrain services to London St Pancras 21A and22of theM1Motorway. Leicester’s mainline railway and A563providing access to theCityCentre viajunctions21, The cityhasexcellent road communications withtheA50, A46 Nottingham and100miles northwest of London. located 43miles northeast of Birmingham,31miles southof is theprincipalcommercial centre inLeicestershire. Thecityis Leicester isthesecond largest and cityintheEast Midlands LOCATION ROAD,HINCKLEY 3PG LEICESTER LE3 ROAD LEICESTER HINCKLEY premiership championsLeicester, islocated 5miles to theeast. tea rooms nearby. TheKingPower Stadium, hometo 2016 Park andSwithland Wood, andthere are alsoanumberof popular Space Centre, theTropical Birdland,thenatural beauty of Bradgate Other attractionsHaymarket. includethecosmos at theNational old cathedral, Curve Theatre andtheshopsat Highcross and the heart of Leicester where visitors canexplore the900-year- to itslushparks andgolfcourses. TheHinckley Road leads into The hotel islocated inLeicester Forest apopulararea due East, LOCAL ATTRACTIONS publichouse.with theadjoining en-suite bedrooms. Thehotel benefits from shared carparking arranged over groundproviding andfirst floors atotal of 31 brickwork to theelevations underapitched tiledroof. Itis The property isof traditional construction cladexternally with DESCRIPTION The passing rent is£67,007 perannum(£2,162 perroom). RENT scaled plansprovided by theVendor. 8,968 SqFt(833.2m)which hasbeencalculated from The property provides anestimated Gross Internal Area of AREA occupiers, compared to thenational average of 66%. in class grouping AB. Inaddition68%of thepopulation are owner is average interms of prosperity with20%of thepopulation being 962,000, significantlyabove theregional centre average. Thearea The total population withintheLeicester primarycatchment area is DEMOGRAPHICS achieving approximately £200persqft. necessary consents. Newly converted are 1bedand2flats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO NOTTINGHAM WOLLATONNOTTINGHAM PARK DERBY ROAD, WOLLATON VALE, NG8 2NR • • • • Current rent passing £97,044 per annum (£2,854 per room) 500m to the east The University of Nottingham’s main campus is situated junction of the A52 and the A6464 Located 4 miles west of Nottingham centre city at the busy shared with car parking the adjoining public house Two storey hotel with 34 en-suite bedrooms benefiting from main campusof TheUniversity of Nottingham within500metres. residentialprincipally withWollaton andPark Hall to therear, and the mainroute into Thesurrounding thecityfrom area thewest. is the citycentre at thebusy junctionof theA52andA6464, on The property isprominently located approximately 4miles west of SITUATION minutes from thecitycentre adjacent to junction24of theM1. 31 minutes. Airportislocated East Midlands approximately 20 direct links to London St Pancras withajourney time of 1hour 7 miles east of theM1(junction26).Byrail Nottingham has The citybenefits from excellent communications, beingsituated north east of Birmingham. 16 miles east of Derby, 25miles northof Leicester and50miles significant retail andcommercial centre located approximately andisa CitywithintheEast Midlands Nottingham isamajor LOCATION DERBY ROAD, WOLLATON VALE, NG8 2NR WOLLATON PARKNOTTINGHAM neighbourhood being closeto the University of Nottingham. 598,000. The property islocated inagoodqualityresidential area of 1,067,000 andanestimated shoppingpopulation of Nottingham hasatotal population withinit’sprimarycatchment DEMOGRAPHICS association withthelegendof Robin Hood. Forest isaroyal forest inNottinghamshire famous by itshistorical including theTheatre Royal &Royal Concert Sherwood Hall. The citycentre provides ampleshoppingandcultural enjoyments and conference centre, andthepopularWollaton andPark. Hall The hotel islocated just 500metres from Nottingham University LOCAL ATTRACTIONS publichouse.car parkingwiththeadjoining a total of 34en-suite bedrooms. Thehotel benefits from shared Accommodation isarranged over groundproviding andfirst floors with brickwork to theelevations underatiled, mansardroof. The property isof traditional construction cladexternally DESCRIPTION achieving approximately £180persqft. necessary consents. Newly converted are 1bedand 2bedflats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE The passing rent is£97,044 perannum(£2,854 perroom). RENT scaled plansprovided by theVendor. 15,220 SqFt(1,414 Sqm)whichhasbeencalculated from The property provides anestimated Gross Internal Area of AREA © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO CHESTER WARRINGTON ROAD CHESTER • • • • Current rent passing £107,442 per annum (£2,985 per room) Situated in asemi-rural area of high quality residential property proximity to both local and national road networks. Located onthe 2 ofmiles A56 north Chester, in close from shared with car parking the adjoining public house Two storey hotel with 36 en-suite bedrooms benefiting WARRINGTON ROAD, MICKLE TRAFFORD, CHESTER CH2 4EX properties intheclose vicinity. The surrounding area issemirural with highqualityresidential and easily accessible from junction 12of theM56motorway. A56 ashortdistance from theA55whichlinks to NorthWales propertyThe subject issituated 2miles northof Chester onthe SITUATION east andLiverpool JohnLennon Airport24miles to thenorth. available from International Airport35miles to the Road 47mins. Both domestic andinternational are flights 52 mins;Liverpool LimeStreet 35minsandManchester Oxford to London Euston 1hours30mins;BirminghamNew Street railway communications withfrequent rail services viaCrewe, access to theM56andM6.TheCityalsobenefits from excellent junction 12of theM53motorway whichinturnprovides direct Chester benefits from excellent road links witheasy access to of and35miles southwest of Manchester. approximately 20 miles southof Liverpool, 12miles northeast Chester andhistoric isanaffluent Cathedral Citysituated LOCATION WARRINGTON ROAD, MICKLE TRAFFORD, CHESTER CH2 4EX WARRINGTON ROAD CHESTER million totalmillion visitsin2015. some of themost endangered intheworld andhadover 1.6 Walls of Chester. Chester Zoo hasover 12,500 animalsincluding Grosvenor Chester Museum, Racecourse Eastgate Clock, andthe Attractions withinChester includeBluePlanet Aquarium,The LOCAL ATTRACTIONS publichouse.car parkingwiththeadjoining a total of 36en-suite bedrooms. Thehotel benefits from shared accommodation isarranged over groundproviding andfirst floors part rendered elevations underapitched concrete tiledroof. The public house.to Itisof theadjoining brickconstruction with The property isof traditional construction andislinked,detached DESCRIPTION The passing rent is£107,442 perannum(£2,985 perroom). RENT scaled plansprovided by theVendor. 9,901 SqFt(919.84m)which hasbeencalculated from The property provides anestimated Gross Internal Area of AREA national average of 66%. 72% of thepopulation are owner occupiers, compared to the above average affluence includingCotton Abbots andAshton. the Regional Centre average. Chester benefits from areas of Chester hasaprimarycatchment area of 810,000 which isabove DEMOGRAPHICS achieving approximately £270persqft. necessary consents. Newly converted are 1bedand2flats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO LIVERPOOL AIGBURTH • • • • Current rent passing £94,734 per annum (£2,871 per room) Liverpool Centre City and Liverpool’s Lennon John Airport Prominently situated on the main arterial road (A561) between Liverpool Cricket Club Located 4 miles south of Liverpool Centre City opposite from shared with car parking the adjoining public house Standalone two storey hotel with 33 en-suite bedrooms benefiting AIGBURTH ROAD, LIVERPOOL L19 9DN properties withlocalshopping facilities. The surrounding area ispredominantly goodquality residential Cricket Ground whichregularly hosts Lancashire matches. leading into Liverpool citycentre. Itislocated opposite Liverpool centre ontheA561AigburthRoad whichisadualcarriageway The property issituated 4miles to thesouth of Liverpool city SITUATION available to Ireland andtheIsleof Man. within theUKandEurope. Regular ferry andSeacat services are south of thecitycentre andprovides to destinations flights Liverpool JohnLennon airportislocated approximately 6miles Euston are available inapproximately 2hours20minutes. approximately 12 miles Railservices to theeast. to London the M62, M58andM57which provide easy access to theM6 The cityhasexcellent road communications beingserved by miles northof Chester. 35 miles southof Preston, 35miles west of Manchester and20 for strategically located onthecoast approximately Liverpool cityandtheprincipalcommercial isamajor centre LOCATION ROAD,AIGBURTH L19 LIVERPOOL 9DN AIGBURTH LIVERPOOL purely devoted to thelives and times of theBeatles. The Beatles Story isthe world’s largest permanentexhibition Cathedral (Britain’slargest Cathedral) Dock where andtheAlbert include Anfield,thehomeof Liverpool Football Club, Liverpool Museum andWalkerMaritime ArtGallery. Other attractions the UKoutsideLondon includingtheTate Liverpool, Merseyside Liverpool hasthe largest collection in of museumsandgalleries LOCAL ATTRACTIONS publichouse.parking withtheadjoining 32 en-suite bedrooms. Thehotel benefits from shared car It isarranged over groundproviding andfirst floors atotal of render andtimber relief underapitched concrete tiledroof. The property isof modernconstruction builtinwalls of brick, DESCRIPTION The passing rent is£94,734 perannum(£2,871 perroom). RENT scaled plansprovided by theVendor. 8,893 SqFt(826.21m)whichhasbeencalculated from The property provides anestimated Gross Internal Area of AREA The citywas namedEuropean Capitalof Culture in2008. the strong demandfor rental accommodation inthecity. national average of 66%,however, thishelpsto maintain the population are owner occupiers whichislower thanthe and anestimated shoppingpopulation of 704,000. 58%of England withaprimarycatchment population of 1,130,000 Liverpool isthe second largest cityinthenorthwest of DEMOGRAPHICS © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO WARRINGTON LOWTON WARRINGTON • • • • Current rent passing £154,809 per annum (£2,669 per room) Close proximity to the M6 and the M62 and the A572 between Liverpool and Manchester at the junction of A580 Prominently located on the major arterial road (A580) house public benefiting from shared with car parking the adjoining Standalone two storey hotel with 58 en-suite bedrooms NEWTON ROAD, NEWTON LOWTON, WARRINGTON WA3 1HD

Manchester Airportapproximately 14miles to theeast. John Lennon Airportapproximately 12miles to thewest and 2 hours, andthetown isincloseproximity to both Liverpool Rail services to London Euston are available inapproximately the M56to the south. junction 9of theM62, junction21of theM6andboundedby Warrington hasexcellent transport links, beinglocated closeto and east respectively. which are situated approximately 16miles to thewest the nearby cities of Liverpool major andManchester, Warrington isanew town strategically located between LOCATION NEWTON ROAD, LOWTON, WARRINGTON WA3 1HD LOWTON WARRINGTON the adjacent public house. The hotel benefits from shared access to alarge carparkwith providingand first floors atotal of 58en-suite bedrooms. construction. Thehotel accommodation isarranged over ground public houseandhasbeenextended traditional inthesame is completely detached from theadjacent Toby Carvery with brickelevations underaslate covered roof. Thehotel The property isatwo storey buildingof traditional construction DESCRIPTION a carshowroom intheimmediate vicinity. Texaco Co-operative petrol station, theRed Lionpublichouseand the hotel. Thesurrounding area isprimarilyresidential, witha Park Racecourse andHaydock GolfCourse are within3miles of adjacent to adetached Toby Carvery publichouse. Both Haydock The hotel is4miles northof Warrington of Lowton, inthevillage miles to thesouthandwest respectively. the northandboth junction22and23of theM6are within4 Manchester. Junction10of theM62isapproximately 4miles to with theA580East Lancashire Road, whichlinks Liverpool with The property issituated ontheA572Newton Road at itsjunction SITUATION The passing rent is£154,809 perannum(£2,669 per room). RENT scaled plansprovided by theVendor. 20,060 SqFt(1863.65m)whichhasbeencalculated from The property provides anestimated Gross Internal Area of AREA average, with69%,compared to thenational average of 66%. The percentage of owner occupiers isalsohigherthanthenational in class groupings ABcompared withthenational average of 20%. estimated shoppingpopulation of 195,000. 21%of the population are Warrington hasaprimarycatchment area of 353,000 andan DEMOGRAPHICS Warrington andthezoo Museum &ArtGallery of Walton Hall. ParkFlash (birdwatching), Gulliver’sWorld themepark, Nearby attractions includeHaydock Park Racecourse, Pennington LOCAL ATTRACTIONS

© Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO COOPER DEAN ROUNDABOUT, COOPER COOPERBOURNEMOUTH DEAN DEAN BH7 BOURNEMOUTH 7DP • • • • Current rent passing £110,908 per annum (£3,961 per room) road into Bournemouth from east the north and A3060 and A338 dual carriageway the major arterial Situated adjacent to both the Royal Bournemouth Hospital Bournemouth onthe major junction of Castle East Lane Located 2.5 miles to East of the North the centre of house public benefiting from shared with car parking the adjoining Standalone two storey hotel with 28 en-suite bedrooms

approximately 2hoursandSouthampton in40minutes. Bournemouth alsohasadirect rail link to London Waterloo in operating to destinations flights throughout theUKandEurope. M27. Bournemouthhasaninternational airportwithcarriers close proximity to theA31, acontinuation of theM3and The town benefits from goodtransportation links, beingin National Park. its pier, beaches anditscloseproximity to theNew Forest Itisapopularresort townsettlement inDorset. known for and commercial centre, withBournemouthbeingthelargest Poole andChristchurch whichtogether formretail amajor The town forms partof thebuiltupconurbation including Southampton, 95miles southwest of London. approximately 5 miles east of Poole, 24miles southwest of Bournemouth isalarge coastal resort town ineast Dorset located LOCATION ROUNDABOUT,COOPER DEAN BH7 7DP BOURNEMOUTH COOPERBOURNEMOUTH DEAN scaled plansprovided by the Vendor. 8,590 SqFt (798Sqm)whichhasbeencalculated from The property provides anestimated Gross Internal Area of AREA house, providing parkingfor approximately 110vehicles. The hotel benefits from alarge carparkshared withthepublic gambrel roof. Thehotel provides atotal of 28en-suite bedrooms. andwooden cladelevationsand rendered brickwork, underatiled The property comprises of athree storey buildingwithpainted DESCRIPTION facilities hotel. includinga Village Bournemouth General Hospital,residential, retail andleisure The surrounding area hasavariety of uses, includingTheRoyal volume of passing traffic. prominence to themainroad, andbenefiting from thelarge off Cooper withtheproperty Dean having roundabout, excellent of thecentre of Bournemouth. Itisideally located immediately The property islocated approximately 2½miles to thenortheast SITUATION and hasanabove average student population. average (66%).Bournemouthisconsidered atourist destination owner occupiers (68%)ishigherthanthat of the national has anabove average ranking affluent anditspercentage of and anestimated shopping population 172,000. Bournemouth Bournemouth hasaprimarycatchment population of 440,000 DEMOGRAPHICS and LangtryManor. Museum, Hengistbury Head, BournemouthInternational Centre The BournemouthAquarium,Russell-Cotes & ArtGallery beaches.of sandy Bournemouth attractions includeOceanarium; The largest resort inDorset Bournemouthboasts seven miles LOCAL ATTRACTIONS The passing rent is£110,908 perannum(£3,961 perroom). RENT are achieving approximately £320persqft. necessary consents. Newly converted 1bedand2flats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO FRIMLEY PORTSMOUTH ROAD 114 ROAD PORTSMOUTH GU15FRIMLEY ROAD, FRIMLEY PORTSMOUTH 1HS • • • • Current rent passing £218,349 per annum (£5,078 per room) Golf Club and junction 4 of the M3 Situated in close proximity to the exclusive Camberley Heath main arterial road leading into Frimley from the north Located approximately 1 mile from the town centre onthe house benefiting from shared with car parking the adjoining public Standalone two storey hotel with 43 en-suite bedrooms estates andlarger detached houses. good qualityresidential properties, witha number of private on thenorthernsideof the road. Thesurrounding area provides from thetown centre. Theproperty isset onanextensive site road leading into Frimley from thenorth,approximately 1mile The property islocated onPortsmouth Road, themainarterial SITUATION is approximately 30minutes drive. approximately 1hr 10minutes. Heathrow International Airport good rail links with adirect service to London Waterloo in to theM25and widerUKmotorway Thetown has network. proximity to Junction4of theM3whichprovides direct access The town excellent enjoys communication links beinginclose west of London. Farnborough, 10miles southof Bracknell and36miles south Frimley town isanaffluent inSurrey situated 2miles northof LOCATION 114 GU15 ROAD, FRIMLEY PORTSMOUTH 1HS ROAD PORTSMOUTH FRIMLEY scaled plansprovided by the Vendor. 12,013 SqFt(1,116 Sqm)whichhasbeen calculated from The property provides anestimated Gross Internal Area of AREA Thorpe Park andLegoland. include Camberley Heath GolfClub, Tekels the20-acre Park, located just 8miles from thehotel. Othernearby attractions Ascot Racecourse, oneof theleading racecourses intheUKis LOCAL ATTRACTIONS the publichouse, withapproximately 100parkingspaces. bedrooms. Thehotel benefits from alarge carparkshared with walkway onthefirst floor. Thehotel provides atotal of 43en-suite tiled roof. Thehotel islinkedto theadjacent publichouseviaa construction withbrick andtiledelevations underapitched, The property comprises atwo storey buildingof masonry DESCRIPTION than thenational average of 22.5%. aged 16andover have noformal qualifications, thisislower people perhectare. Inthearea 15%of thepopulation of those more denselypopulated thantheUKaverage whichis4.1 of 38.6%.At 9.1peopleperhectare Surrey Heath isconsiderably time employment at 44.2% compared to thenational average above average economically active population withthoseinfull Heath hasadistrict population of 86,144 peopleandhasan makes up7.17%of thetotal of theborough’s population. Surrey Frimley Borough lies withinthe affluent of Surrey Heath and DEMOGRAPHICS The passing rent is£218,349 perannum(£5,078 perroom). RENT achieving approximately £440persqft. necessary consents. Newly converted are 1bedand2flats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO PLYMOUTH ROBOROUGH TAVISTOCK ROAD, PLYMOUTH PL6 7HB • • • • Current rent passing £86,647 per annum (£2,281 per room) Situated opposite to Plymouth’s ‘park and ride station’ and the to A30 the north major arterial trunk road the between A386 the centre city Located 5 ofmiles Plymouth north centre city on Plymouth’s house public benefiting from shared with car parking the adjoining Standalone two storey hotel with 38 en-suite bedrooms

International sea port. In addition,PlymouthisanimportantContinental and in approximately 3hoursandto Bristol inapproximately 2hours. railway station provides a regular service to London Paddington network viaJunction31of theM5motorway at Exeter. Plymouth A38 andA30providing direct access to thenational motorway The cityhasexcellent road communications withboth the and Newquay (approximately 50miles to the west). between Exeter (approximately 45miles to thenortheast) Thecityisstrategicallywest located peninsulaof theUK. Cornwall border andis the dominanturbancentre inthesouth Plymouth isahistoric maritimecitylocated ontheDevon/ LOCATION TAVISTOCK ROAD, PLYMOUTH PL6 7HB PLYMOUTH ROBOROUGH and theAdrenalin Quarry. nearby includePlymouth SkiCentre, DartmoorNational Park offers direct access to Plymouth’scitycentre. Otherattractions Plymouth’s ‘Park andridestation’ isadjacent to thehotel and LOCAL ATTRACTIONS public house.with theadjoining en-suite bedrooms. The hotel benefits from shared carparking arranged over groundproviding andfirst floors atotal of 40 brickwork to theelevations underapitched slate roof. Itis The property isof modernconstruction cladexternally with DESCRIPTION The surrounding area ismainlyresidential andlightcommercial. road between Plymouthcitycentre andtheA30 to thenorth. ‘park andridestation’, ontheA386trunkroad, arterial a major site. Theproperty occupies aprominent positionopposite the centre, adjacent to thenorthernpointof thePlymouth Airport The property isstrategically situated northof Plymouthcity SITUATION

The passing rent is£86,674 perannum(£2,281 perroom). RENT scaled plansprovided by theVendor. 6,975 SqFt(648m)which hasbeencalculated from The property provides anestimated Gross Internal Area of AREA line withthenational average. business services to thecity. Plymouth’shomeownership isin sector, althoughthere hasbeenarecent of financialand influx in Plymouthhastraditionally beenbiasedtowards thepublic and anestimated shoppingpopulation of 359,000. Employment Plymouth hasaprimarycatchment area population of 471,000 DEMOGRAPHICS achieving approximately £280persqft. necessary consents. Newly converted are 1bedand2flats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO PLYMOUTH DERRIFORD • • • • Current rent passing £268,027 per annum (£3,574 per room) trunk road and adjacent to Derriford Hospital Situated onaprominent corner position just the off A386 Located 4 ofmiles Plymouth north centre city house public benefiting from shared with car parking the adjoining Standalone two storey hotel with 75 en-suite bedrooms DERRIFORD ROAD, PLYMOUTH, DEVON PL6 8BD

International sea port. hours. Inaddition,PlymouthisanimportantContinental and in approximately 3hoursandto Bristol inapproximately 2 railway station provides a regular service to London Paddington network viaJunction31of theM5motorway at Exeter. Plymouth A38 andA30providing direct access to thenational motorway The cityhasexcellent road communications withboth the Newquay (approximately 50miles to thewest). between Exeter (approximately 45miles to thenortheast) and Thecityisstrategicallywest located peninsulaof theUK. Cornwall border andis the dominanturbancentre inthesouth Plymouth isahistoric maritimecitylocated ontheDevon/ LOCATION DERRIFORD ROAD, PLYMOUTH, DEVON PL6 8BD PLYMOUTH DERRIFORD sights of historic Plymouth. Watch, Aquariumand4miles north from National Marine the University. Otherattractions nearby includePeregrine Falcon The hotel islocated adjacent to Derriford HospitalandPlymouth LOCAL ATTRACTIONS publichouse.parking withtheadjoining of 75en-suite bedrooms. Thehotel benefits from shared car arranged over ground, first andsecond providing floors atotal brickwork to theelevations underapitched slate roof. Itis The property isof modernconstruction cladexternally with DESCRIPTION is amixture of established residential uses andbusiness parks. trunk road andadjacent to Derriford Hospital.Thesurrounding area The property occupies aprominent corner positionjust off theA386 adjacent to thesouthernpointof thePlymouthAirportsite. The property is strategically situated northof Plymouthcitycentre SITUATION The passing rent is£268,027 perannum(£3,574 perroom). RENT from scaledplans provided by theVendor. 21,470 SqFt(1994.64m)which hasbeencalculated The property provides anestimated Gross Internal Area of AREA Plymouth’s homeownership isinlinewiththenational average. has beenarecent of financialandbusiness influx services to thecity. has traditionally beenbiasedtowards thepublicsector, althoughthere estimated shoppingpopulation of 359,000. Employment inPlymouth Plymouth hasaprimarycatchment area population of 471,000 andan DEMOGRAPHICS are achieving approximately £260persqft. necessary consents. Newly converted 1bedand2flats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO BIRMINGHAM CASTLE BROMWICH BROMWICH, B36 ROAD, CHESTER 0AG BIRMINGHAM CASTLE CASTLE BIRMINGHAM • • • • Current rent passing £93,578 per annum (£3,019 per room) populated suburb of Castle Bromwich Situated 6 ofmiles Birmingham north in the densely airport approximately 1.5 miles west to the B41 14 which leads to junction 5 of the M6 which is Located 8 miles east of Birmingham centre city adjacent house public benefiting from shared with car parking the adjoining Standalone two storey hotel with 31 en-suite bedrooms

15 minutes drive away. National Exhibition Centre are located approximately 1 hour25minutes. Birmingham International Airportand stations withajourneyand Marylebone timeof approximately In addition,Birminghamhasadirect rail linkwithLondon Euston close to Junction5of theM6whichleads to theM40andM1. The citybenefits from excellent communications beingsituated Brindleyplace, the NIAandtheMailbox. Convention Centre, ShoppingCentre, Bullring Symphony Hall, and private sector landmarkschemes, includingtheInternational for thepast decade. Thishasgiven riseto anumberof public buoyant commercial andbusiness sector whichhasflourished Birmingham istheregional centre of theWest witha Midlands 85 miles northeast of Bristol. north west of London, 90miles southof Manchester and commercial centre strategically located approximately 110miles citybeingathrivingretailBirmingham isamajor and LOCATION CHESTER ROAD, BROMWICH, CASTLE BIRMINGHAM B36 0AG BROMWICH CASTLE BIRMINGHAM excellent shopping have contributed to Birmingham’sappeal asone Cutting edgemuseumsandgalleries, innovative theatres and LOCAL ATTRACTIONS public house.with theadjoining en-suite bedrooms. The hotel benefits from shared carparking arranged over groundproviding andfirst floors atotal of 31 brickwork to theelevations underapitched tiledroof. Itis The property isof traditional construction cladexternally with DESCRIPTION drive away Ravenside includingTheFort, and Castle Vale. Numerous retail parks are located approximately 10minutes Bromwich town centre beinglocated 1mileto thewest. The surrounding area ispredominantly residential withCastle 1.5 miles west). to theB4114which leads to junction5of theM6(approximately The property issituated intheCastle Bromwich area adjacent SITUATION there Aston istheidyllic Park andtheNational Sea Life Centre. interactive World Cadbury museum.Inthehotels immediate vicinity include theworld-famous Ringshoppingcentre Bull NEC, andthe of theUK’smost popularweekend getaway destinations. Attractions The passing rent is£93,578 perannum(£3,019 perroom). RENT scaled plansprovided by theVendor. 7,330 SqFt(680.96m)whichhasbeencalculated from The property provides anestimated Gross Internal Area of AREA the strong demandfor rental accommodation inthecity. lower thanthenational average of 66%buthelpsto maintain In addition59%of thepopulation are owner occupiers, thisis The area has18%of thepopulation beinginclass grouping AB. 1,453,000 andanestimated shoppingpopulation of 780,000. Birmingham hasaprimarycatchment area population of DEMOGRAPHICS achieving approximately £200persqft. necessary consents. Newly converted are 1bedand2flats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO STOKE ON TRENT TRENTHAM LONGTON ROAD, STOKE ON TRENT, STAFFORDSHIRE ST4 8BU • • • • • Current rent passing £70,473 per annum (£2,273 per room) Lakes Business Park and Trade Park Established industrial estate in the vicinity at the Trentham junction with and the 2miles A34 south of the A500 Situated approximately 0.5 miles east of Longton Road’s A5035 in close proximity to and the M6 A34 Located 5 miles south-east of stoke centre city on the busy shared with car parking the adjoining public house Two storey hotel with 31 en-suite bedrooms benefiting from close proximity, asis theTrentham Gardens Estate. property withTrentham Lakes Business Park andTrade Park in The surrounding area isamixture of residential andindustrial 2 miles southof theA500whichleads to junction15of theM6. mile from thejunctionwithA34trunkroad and approximately The property issituated intheheart of Longton approximately ½ SITUATION approximatelyNottingham East Midlands 1hoursdrive away. Airport islocated approximately 40minutes drive away and minutes) Manchester (45minutes). Manchester International In addition,Stoke hasadirect rail linkwithLondon, (1hour30 and Birminghamto thesouthandManchester to thenorthwest. close to junction 15of theM6motorway whichleads to theM1 The town benefits from excellent communications beingsituated and 40miles to thesouthof Manchester. located approximately 40miles to thenorthof Birmingham Stoke-on-Trent forms conurbation partof amajor strategically LOCATION LONGTON ROAD, STOKE ON TRENT, STAFFORDSHIRE ST4 8BU STOKE TRENT TRENTHAM ON park WaterWorld andthethemeparkAlton Towers. popular for itspicturesque countryside aswell asthenearby water and theRoyal Dalton isashortjourney away. The hotel itselfis The Wedgwood Museum islocated incloseproximity to thehotel Stoke onTrent beingthetraditional homeof thepottery industry. visitorsmillion peryear. Itisrenowned for itsfineceramics with Stoke-on-Trent isapopulartourist destination, attracting around 5 LOCAL ATTRACTIONS publichouse.adjoining bedrooms. Thehotel benefits from shared carparkingwiththe over thegroundproviding andfirst floors atotal of 30 en-suite brickwork to theelevations underapitched roof. Itisarranged The property isof traditional construction cladexternally with DESCRIPTION The passing rent is£70,473 perannum(£2,273 perroom). RENT scaled plansprovided by theVendor. 10,173 SqFt(945.15m)which hasbeencalculated from The property provides anestimated Gross Internal Area of AREA area issimilarto thenational average. the population beingowner occupiers. Theageprofile of the 17% of thepopulation beinginclass grouping ABwith68%of and anestimated shoppingpopulation of 310,000. Thearea has Stoke-on-Trent hasaprimaryretail catchment area of 578,000 DEMOGRAPHICS achieving approximately £200persqft. necessary consents. Newly converted are 1bedand2flats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO COVENTRY BRINKLOW BINLEY ROAD, COVENTRY 2DS CV3 • • • • • Current rent passing £90,112 per annum (£2,253 per room) To the rear of the site is Binley Business Park miles from the Midlands Airport. the A428 (Brandon Road) and the B408 approximately 5 Situated prominent onavery corner site at the junction of A46 trunk road, 3miles south of the M6/M69 interchange Located in the Binley area approximately 0.5 miles from the from shared with car parking the adjoining public house Two storey hotel with 40 en-suite bedrooms benefiting drive from thecitycentre. Birmingham International Airportisapproximately 20minutes rail services to London Euston takeapproximately 65minutes. into theM42Birminghamorbitalmotorway. Inadditiondirect direct access to theM69, M6andM40motorways, withlinks The citystands at thehubof themotorway providing network, Pharmaceuticals. main employers inthecityinclude, Jaguar, Royal andAAH Mail Cathedral Lanes andArenaSix, Park shoppingcentres. The facilities includingthe Lower West Precinct, Orchard, Central Coventry isathrivingretail andcommercial centre with major miles northof Oxford. east of Birmingham,20miles southwest of Leicester and50 The cityisstrategically located approximately 15miles south Coventry commercial isamajor centre intheWest Midlands. LOCATION BRINKLOW RD, COVENTRY 2DS CV3 COVENTRY BINLEY and 2011- 13.Situated 4miles from thehotel attractions in tourism riseby 37.2percent intheyears between 2006-08 fastest growing holiday destinations intheUKandhasseen The cathedral town of Coventry hasbecome oneof the LOCAL ATTRACTIONS benefits from shared publichouse. carparkingwiththe adjoining providingand first floors atotal of 40en-suitebedrooms. Thehotel elevations underapitched tiledroof. Itisarranged over ground brickwork andrendered onthe ground floor andpainted to the The property isof traditional construction cladexternally with DESCRIPTION society, B&Qmega store, supermarkets. MorrisonsandLidl users includingBinley Business Coventry Park withHSBC, building The surrounding area benefits from amixture of commercial approximately 3 miles southof theM6/M69interchange. Binley area approximately ½milefrom theA46trunkroad, The property issituated ontheeast sideof Coventry inthe SITUATION Coombe Country Park. immediate proximity isBinley Business Park andthe500-acre is approximately 5miles fromAirportandin theMidlands Ricoh Arenaand the30,000-seater football stadium. Thehotel theCoventry Guildhall, Mary’s TransportMuseum, St. Museum the citycentre includeCoventry Cathedral, Coventry Transport The passing rent is£90,112 perannum(£2,253 perroom). RENT scaled plansprovided by theVendor. 10,559 SqFt(980.99m)whichhasbeencalculated from The property provides anestimated Gross Internal Area of AREA are owner occupiers, whichisinlinewiththe national average. the population beinginclass grouping AB. 66%of thepopulation estimated shoppingpopulation of 288,000. Thearea has20%of Coventry hasaprimarycatchment area of 462,000 andan DEMOGRAPHICS achieving approximately £215persqft. necessary consents. Newly converted are 1bedand2flats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO LEEDS MORELYLEEDS BRUNTCLIFFE ROAD, MORLEY, LEEDS LS27 0LY • • • • Current rent passing £97,044 per annum (£3,033 per room) Situated with main road frontage and nearby access to the and Bruntcliffe Road (A650) of Leeds centre city at the junction of Buntcliffe (A643) Lane Located in the densely populated Morley 7miles south west house public benefiting from shared with car parking the adjoining Standalone three storey hotel with 32 en-suite bedrooms

75 destinations. providing direct national andinternational services to Airportissituated 6miles to the north west of thecity fastest journey timeof approximately 2hours12minutes. Leeds there isafrequent direct service to London Kings Cross, witha providing easy access to thenational motorway Byrail, network. at theintersection of theM1, M62andM621 Motorways The citybenefits from excellent communications beingsituated Arla Foods, Jet2.com Capita, First Direct, andRockstar. range employers of major withintheLeeds conurbation including together centres withother smaller includingMorley. There are a cities includingBradford, , Halifax andHuddersfield, The West Yorkshire conurbation towns includes other major and of London. located 40miles northeast of Manchester and206miles north and isasignificantretail andcommercial hubstrategically Leeds regional isamajor centre, situated withinWest Yorkshire LOCATION BRUNTCLIFFE ROAD, MORLEY, LEEDS LS27 0LY MORELYLEEDS Junction 27retail parkand thehugeWhite Rose Shoppingmall. hotel’s immediate area there are several golfcourses, anIKEA, Playhouse andtheaward winningHarewood House. Inthe Armouries, theHenryMoore Sculpture Centre, West Yorkshire national andregional attractions which includetheRoyal visitorsone andahalfmillion year come to visitLeeds’ famous for itsfantastic shoppingasitswealth of history. Over Leeds isauniversity citysituated ontheRiver Aire that isas LOCAL ATTRACTIONS benefits from shared publichouse. carparkingwiththeadjoining second providing floors atotal of 32en-suite bedrooms. Thehotel under apitched, tiledroof. Itisarranged over ground, first and The property is of traditional construction withrendered elevations DESCRIPTION approximately a quarter of amileto theeast. and Bruntcliffe Road (A650).Morley town centre islocated The property islocated at thejunctionof Bruntcliffe Lane(A643) SITUATION The passing rent is£97,044 perannum(£3,033 perroom). RENT scaled plansprovided by theVendor. 9,262 SqFt(860.45m)whichhasbeencalculated from The property provides anestimated Gross Internal Area of AREA has 21%of thepopulation beinginclass grouping AB. services outsideof London withsome150law firms. Thearea of under44’s. Leeds hasbecome themaincentre for legal has ayoung population, withabove thenational average economic citydominating itsextensive catchment area and estimated shoppingpopulation of 642,000. Leeds isamajor Leeds hasprimary catchment population of 1,480,000 andan DEMOGRAPHICS © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO YORK HULL ROAD HULL ROAD, YORK, YO10 3LF • • • • Current rent passing £212,573 per annum (£5,314 per room) to the site The University of York campus is immediately adjacent west of the A64 approximately 2 miles east of York centre, city and 2miles Situated in the residential suburb of Osbaldwick on the A1079 the adjoining public house affluent of city York, benefiting from shared with car parking Two storey hotel with 40 en-suite bedrooms located in the being aB&Qwarehouse within halfamile. roadside commercial uses alongtheA1079, thelargest of these is theprincipaluse surrounding property. There are anumber of Immediately adjacent to theproperty isaschoolbutresidential York citycentre, and2miles west of the A64. residential suburbof Osbaldwick approximately 2miles from The property fronts thebusyRoad (theA1079)inthe Hull SITUATION London 1hour 55 minutes andEdinburgh 2hours20minutes. being ontheEast Coast andprovides Mainline adirect service to York aformerAs hubof thenational rail network, benefits from access to theA1(M)andnational motorway network beyond. with theA64forming partof theringroad, providing direct York hasgoodtransportation links viathelocal road network east of Manchester. of Leeds, 44miles southof Middlesbrough and58miles north destination located inNorthYorkshire, 22.5miles northeast York isaprosperous cityandthrivingbusiness andtourist LOCATION HULL ROAD, YORK, YO10 3LF YORK HULL ROAD and boat tours operate directly opposite thehotel. it isa2milejourney to thehistoric citycentre by busorcar. Bus of York. TheUniversity of York isashortwalk from thehotel and Museum, andoneof thecountry’s top universities, theUniversity the JorvikVikingCentre, theYork Dungeon,theNational Railway attractions includingtheYork Minster, itsMedieval City walls, visitorsmillion peryear. Thecityiswellknown for anumberof York isafamous andimportanthistorical cityattracting over 7 LOCAL ATTRACTIONS rear withshared access withthepublichouseonto theA1709. and first floor. There isaseparate carparkfor the hotel to the elevations andapitched slate roof. Itisarranged over ground The property isatraditionally constructed hotel withbrickwork DESCRIPTION The passing rent is£212,573 perannumequating to £5,314 perroom. RENT scaled plansprovided by theVendor. 15,328 SqFt(1,424 Sqm)whichhasbeencalculated from The property provides anestimated Gross Internal Area of AREA homeowners compared to thenational average of 66%. above average interms of homeownership, with71%being population beinginclass grouping AB. Thesurrounding area is shopping population of 294,000. Thearea has26%of the York hasaprimarycatchment area of 485,000 andanestimated DEMOGRAPHICS are achieving approximately £250persqft. necessary consents. Newly converted 1bedand2flats to provide residential accommodation to subject gainingall The property could potentially beredeveloped inthefuture ALTERNATIVE USE © Crown Copyright,ES100004106.Foridentificationpurposesonly.

THE BOOKING PORTFOLIO THE BOOKING PORTFOLIO PERTH CRIEFF BROXDEN JUNCTION ROAD, PERTH, PH1 3JJ • • • • Current rent passing £177,914 per annum (£3,357 per room) Scotland’s major arterial roads including the A9, A90 and M90 Conveniently located in close proximity to anumber of junctionon its with the A85 Situated adjacent to the A9 (the major bypass around Perth) house benefiting from shared with car parking the adjoining public Standalone two storey hotel with 53 en-suite bedrooms and Inverness andgoodlocalnational busservices. regular train services to Glasgow, Edinburgh, Dundee, Aberdeen east to DundeeandtheA9links northto Inverness. There are TheA90leadsthe southandA9/M80to thesouthwest. being served by avariety roads of major includingtheM90 from throughout Scotland andbenefits from excellent communications The town isakey transport hubfor journeys by road andrail provider Care Group. Balhousie Southern Energy, national buscompany Stage Coach andcare such asAviva of Scotland, andBank utilityprovider Scottish & in thetown includefood retailers, financialservice companies area andtheretail focal pointfor Perthshire. Key employer types Perth istheadministrative centre of thePerth &Kinross council and 22miles west of Dundee. miles northwest of Edinburgh, 59miles northeast of Glasgow banks of theRiver Tay intheheart of Scotland approximately 43 catchmentan affluent area andisstrategically located onthe Perth isaanattractive and thrivingmarket town benefiting from LOCATION CRIEFF ROAD, PERTH, PH3 3JJ PERTH BROXDEN JUNCTION Scottish kingswere crowned ontheStone of Destiny at Scone that stretches backover 800years andmany of theformer Scotland’s longest river, theTay, at 119miles. Perth hasahistory destination abeautiful andenjoys positiononthebanks of The former capitalof Scotland Perth isapopulartourist LOCAL ATTRACTIONS VintageInn. adjoining bedrooms. Thehotel benefits from shared carparkingwiththe over groundproviding andfirst floors atotal of 53en-suite external elevations underapitched andslated roof. Itisarranged The property isof traditional modernconstruction withrendered DESCRIPTION shares anentrance off the A85withtheGlover ArmsInn. bypass and just to thesouthof theA85Crieff Road. Theproperty Huntingtower Park area, lyingadjacent to theA9trunkroad/ The property issituated onthewestern of the town flank inthe SITUATION

Perth andPerth Museum andArtGallery Racecourse. nearby includeHuntingtower Woodland Castle, Hill Park, Kinnoull access to thestunning Scottish countryside. Further attractions walking distance of St Johnstone’s football ground andhaseasy Palace just 2miles northof theHotel. Thehotel isalsowithin scaled plansprovided by the Vendor. 15,984 SqFt(1,485 Sqm)whichhasbeen calculated from The property provides anestimated Gross Internal Area of AREA isalsoabove average.working ageadultsaged45-64 proportion of theretired aged65andover; thenumberof older similar to therest of theUKat 66%.Perth hasaparticularly high national average. In addition Perth hasanowner occupier percentage the population beinginclass groupings ABwhichisinlinewiththe estimated shoppingpopulation of 121,000. Thearea has22%of Perth hasaprimary catchment population of 165,000 andan DEMOGRAPHICS For identificationpurposesonly. The passing rent is£177,914 perannum(£3,357 perroom). RENT

THE BOOKING PORTFOLIO EPC VAT The EPCs are available The properties are elected for VAT and it is in the dataroom. anticipated that the transaction will be treated as a transfer of a going concern (TOGC).

PROPOSAL We are instructed to seek offers in excess of £28,040,000 (Twenty Eight Million and Forty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level, provides a net initial yield of 7% and an overall capital value of only £42,744 per bedroom assuming purchaser’s costs of 6.76%.

For further information or to make arrangements for viewing please contact:

Jeremy Hodgson Andy Pointon Mark Dansky Liam Stray 020 7543 6709 020 7543 6720 020 7543 6813 020 7543 6769 [email protected] [email protected] [email protected] [email protected] www.allsop.co.uk

Misrepresentation Act: 1. Allsop LLP on its own behalf and on behalf of the vendor/lessor of this property whose agent Allsop LLP is, gives notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither Allsop LLP nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. 2. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Allsop is the trading name of Allsop LLP. Design: CommandD www.commandHQ.co.uk 08.16