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Investment Opportunity Premier Inn London Sunbury (Kempton Park) 68 Staines Road West Sunbury Cross Sunbury-On-Thames Tw16 7At

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Investment Opportunity Premier Inn London Sunbury (Kempton Park) 68 Staines Road West Sunbury Cross Sunbury-On-Thames Tw16 7At INVESTMENT OPPORTUNITY PREMIER INN LONDON SUNBURY (KEMPTON PARK) 68 STAINES ROAD WEST SUNBURY CROSS SUNBURY-ON-THAMES TW16 7AT HOTEL INVESTMENT – 20 YEARS UNEXPIRED TERM UPWARDS ONLY CPI REVIEWS Investment summary • A modern, 109 bedroom, Greater London hotel in the centre N of Sunbury-on-Thames, situated directly opposite Sunbury O I Rail Station. T • Strong South West London location, 13 miles south-west P I from Central London via the A316. R • Excellent transport links being 5 miles from Heathrow C airport. S E D • Fully let to Premier Inn Hotels Ltd on a 25 year lease from E 2nd July 2010 with effectively 20 years to expiry (15 years to R break). U • 5 yearly CPI reviews with a 5% cap. N E • Total rent of £597,484 per annum (£5,482 per room). T • Freehold. L • We are seeking offers in excess of £10,270,000 reflecting a A net initial yield of 5.5% , having allowed for purchaser’s S costs of 5.8%. O P O R P 23 M25 25 1 WATFORD A1 M1 A10 SITUATION COMMUNICATIONS A355 HIIGH WYCOMBE A413 M25 M11 A41 The property is in an unrivalled location in the ROAD A406 M40 centre of Sunbury-on-Thames. It is located on The A316 is located 0.2 miles from the property A1 2 4 Staines Road West (A308), opposite Sunbury which provides direct access into Central A12 Railway Station and Junction 1 of the M3 1 A503 London within 35 minutes. In addition, A1 4 16 M40 1 A12 A10 A406 Motorway. The M3 (J1) connects to the A316 Sunbury-on-Thames is situated at the beginning A41 WEMBLEY A406 A40 which leads directly into Central London and the of the M3 Motorway that provides a direct link A13 M3 connects to Basingstoke, Southampton and to the south coastal ports of Southampton and A501 A312 A5 A40 A13 A1020 the M25 (J12). The property is half a mile from A404(M) SLOUGH Portsmouth as well as linking to Junction 12 of M4 A406 LONDON 8 Kempton Park Racecourse and close by to the M25. 15 4 A4 M4 1 A102 A2 Twickenham Stadium and Sandown Racecourse. WIINDSOR HEATATHROW A3 AIRPORT The hotel is situated across from the Sunbury RAIL A20 A23 A316 Cross Shopping Centre, which is a good sized Sunbury Railway Station is a five minute walk A30 TWIICKENHAM A205 A308 shopping mall with a range of independent and from the hotel and provides direct access into M25 SUNBURY-0N-THAMES A3 A214 1 multiple retailers that is an chored by Marks & London Waterloo and Clapham Junction with A308 Spencer. fastest journey times of 49 minutes and 38 12 M3 minutes respectively. A322 A217 CROYDON A232 AIR A240 A232 3 London Heathrow is the UK’s largest A3 A243 international airport and is located H EATHC ROFT A VENUE V I C A240 A217 A R A24 PREMIER INN A G approximately 5 miles to the north of the subject E HAVEN E TH E R N O A LONDON A L A23 D N E M25 E SUNBURY R D property. The principal Cargo Terminal, at the A G O R TH OR W AN H LEATHERHEAD A308 southern side of the airport, is accessible via the A3 TH E PAR S ADE TAIN ES RO A217 AD WEST A308. A24 C R O M3 S S E W V AD D A A RO O Y NDISH O S HW S EEC FORE TAI B ST DR NES IVE ROAD EAST SPEL THOR NE GR OVE AD A308 G R E E Y N A S T W R E B S E R T A E C V K E B E N V E L N W I S C W C O W E E G D A I E O S Y L O N D R W L R M O E Sunbury-on-Thames is located C L A D O E S O G U N A424 E Sunbury-on-Thames is U R E Y T L R R R E O W A O A316 L A S S A CO A within Greater London at the TT C S D D W Y A AY D OR RO N WINDS O a Greater London G A R n beginning of the M3 Motorway, A E N E A U L approximately 13 miles south-west N suburban town in the E N D V E A E A O R S R G SUNBURY-ON-THAMES T T N DAL from Central London. O O E RD 1 C V Surrey borough of S A HEAT HCROFT A308 AVENUE o Sunbury-on-Thames is surrounded by other Spelthorne. Sunbury- AD RO E TH TH S E i suburban towns with Feltham to the north (in PA R C RADE O O W F N T O HA R R O on-Thames and E OVE S R C E A K G the London Borough of Hounslow), Hampton T U R A P D D M N O O A ILL E R W R IN FA S V S DM RM A K I IL S P L C V LOS W R E E E O t L A KEMPTON PARK to the east (in the London Borough of A Spelthorne have a T Y D HORNE S RACECOURSE GROVE Richmond upon Thames), Ashford to the STATION APPROACH B F R U A population of 18,041 R C Z K E E A308 W north-west and Walton-on-Thames to the L BROOKLANDS CLOSE N O I W NCOL N O a W AY E O D D O I T D H and 95,900 people S E south. Sunbury-on-Thames is bordered by the N OOD A W INE W P V D O E OL N PHIN D RO U AD NO River Thames on its southern flank. RTH E respectively (Census G R E B E E Y N c A HARRIS W M3 L G DO S LPHIN R ROA T D S A E R G S IN V 2011). L O E ID D E C BROOKLANDS E E R BATAVIA ROA T H R T O A D R B A E V C V E E N L T R A S N L R E D E C E OLP C Y HIN RO O M AD SO S UTH R O E O U R R N A T C T A D L o A N L V Y E L E AD N E RO N RY V E R URS U E N O N E URSERY ROAD A D IVE ELM DR MAN ANE OR LANE R NOR L L A G MA A V R S Y E E T T N E F A424 R O D N R A L E N A T UE S EN N ’ V T L A T S ND ERLA C O E SUTH R L S E H N R A E I Y L A O W S S T S N T V N R E E U A U H T E E O E Q D N E N R A R IV A L E R R D A N D D O E N V A N A T S A O M E T L S T R E N RDEN GA G A D U T N R E I T K E RD IV A PEREGRIN O 1 2 3 4 1 Upper Halliford Station M25 2 Edmundson Electrical 3 Booker 4 Access Self Storage 5 Sunbury Station 6 Tesco 7 Sunbury Cross Shopping Centre M3 LONDON 5 6 7 CUSHMAN & WAKEFIELD 4 IVE Description The hotel opened in 2010 and comprises a 109 bedroom hotel, which includes a bar/lounge, restaurant serving both breakfast and dinner, room service and parking for customers. The property is arranged over 9 floors and is serviced by 3 lifts. The property is constructed using a concrete frame and has a mixture of glazed and brick cladding. The property includes a 6 level car park with 115 customer spaces. The hotel has undergone a light refurbishment during 2015. SITE The property is on a site of approximately 0.221 hectares (0.547 acres). PREMIER INN LONDON SUNBURY 68 STAINES ROAD WEST TW16 7AT TENANCIES TENURE The property is fully let to Premier Inn Hotels The total passing rent is forecast to be £597,484 Freehold. Ltd. The hotel is let on a full repairing and per annum. Premier Inn have been served notice insuring term for 25 years, expiring 1st July 2035. by the Landlord and is subject only to final Rent reviewed to the The tenant has an option to determine the lease agreement and documentation between the on the 20th anniversary of the lease subject to parties. higher of passing rent serving no less than 6 months’ notice. The rent is reviewed 5 yearly, to the higher of passing rent and the annual movement in CPI subject to an annual maximum of 5%. and annual CPI – every 5 years UNEXPIRED PASSING RENT TENANT DESCRIPTION UNIT SIZE LEASE EXPIRY BREAK RENT REVIEWS TERM RENT PSF/PK 5 yearly basis to CPI with a 5% cap in Premier Inn Hotels Ltd Hotel 109 rooms 01/07/2035 20.61 01/07/2030 £597,484 £5,482 any one year with no collar CUSHMAN & WAKEFIELD 6 PREMIER INN LONDON SUNBURY 68 STAINES ROAD WEST Budget Hotel Occupational Market TW16 7AT The subject property is let at a low annual room rate of £5,482.
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