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Leisure & Hotel Investments for Sale
London Southend Airport, Eastwoodbury Crescent, Southend-on-Sea, SS2
Leisure & Hotel Investments for Sale
London Southend Airport, Eastwoodbury Crescent, Southend-on-Sea, SS2
The property comprises a modern purpose built 4* hotel.
Constructed in 2012, the hotel is laid out over ground floor and five upper floors providing a total of 129 rooms.
The airport hotel has 129 beds, roof top bar and restaurant with airport runway views
Situated 5 minutes walk from the terminal
Let to Thames Gateway Airport Limited for a long unexpired term of 18 years
Current passing rent of 865,868 per annum (6,712 per room). The next review is due on 27 February 2028.
5 yearly (compounded annually) RPI linked upwards only rent reviews (collared at 1% and 4%)
Excellent ESG credentials with an EPC rating of A22
Site area of circa 1.12 acres (0.45 hectares)
Location
The hotel is situated in a very prominent position off Harp House roundabout on an island site fronting Eastwoodbury Crescent to the south, long stay airport parking to the north, staff parking to the west and Airport Retail Park to the East.Related links
Investment property for SaleInvestment property for Sale in Southend-on-SeaRapleys LLP
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Investment property for SaleSouthend-on-SeaLondon Southend Airport, Eastwoodbury Crescent, Southend-on-Sea, SS2