ST CHRISTOPHER NOTTINGHAM LP

ST CHRISTOPHER

Nottingham

  • Investment Fund: Term 4/2005 to 4/2014.
  • Travelodge – c55% of income, also 9 retail units, 2 restaurants and a car park.
  • Travelodge lease (25 years) geared to RPI or 2.5% per annum at first rent review, and RPI or open market value, whichever is higher thereafter. Travelodge lease being extended to original 28 year term.

  • Sold Dec 14.

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