NR30 Premier Inn, North River Road, Runham, Great Yarmouth

The property comprises a modern, purpose built budget hotel with separate restaurant. Constructed in 2015, the hotel is laid out over ground floor and four upper floors providing a total of 80 rooms. In addition, there is a separate restaurant, adjacent, of 6,757 sq ft arranged over two floors. The hotel has recently been reclad by the tenant.

Room Type Number

Doubles 31

Twin/Triple 34

Quad/Family 11

Accessible 4

Total 80

The property is let to Premier Inn Hotels Limited on a full repairing and insuring lease of 25 years from 23 March 2015 expiring 22 March 2040, subject to a tenant only break on six months notice on 23 March 2035 providing a long unexpired term of just over 15 years to expiry and 10 years to break.

The property prominently fronts the Runham Roundabout and is situated c. 1.4 miles (2.25 km) to the north of Great Yarmouth town centre, which offers various amenities, shops, restaurants, and attractions. It is a bustling area within close proximity to the Great Yarmouth seafront (1 mile / 1.6km), including The Sea Life Centre (1.4 miles / 2.25km) and the iconic Great Yarmouth Pleasure Beach (1.9 miles / 3km).

80 bedroom Premier Inn

Restaurant 100 covers

Annual rent £491,156 pa

Site area 1.67 Acres

125 car spaces