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Agent's details

Property agent
DI Properties
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HOTEL INVESTMENT OPPORTUNITY

For sale: POA|Land, Hotel, Leisure Property, Hotels, Pubs/Bars/Clubs, Restaurant/Cafes, Commercial Land, Licensed & Leisure
Photo of land for sale in Luton, Bedfordshire, LU2 8DL
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Property details

FOR SALEPOA
ADDRESSHILTON GARDEN INN LUTON NORTH, BUTTERFIELD BUSINESS PARK, HITCHIN ROAD, LUTON, LU2 8DL
TYPELand, Hotel, Leisure Property, Hotels, Pubs/Bars/Clubs, Restaurant/Cafes, Commercial Land, Licensed & Leisure
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Leasehold
POSTED ON17th May 2023

Description

EBITDA IN 2022 OF 9.35%
PROJECTED EBITDA IN 2023 OF 10.91%

Purpose built 157 room 4 star hotel extending to approximately 75,843 sq ft GIA.

12 minutes' drive from Luton railway station and 14 minute drive from Luton Airport.

Hotel is set on 3.2 acres of land.

Management agreement in place with Hilton expiring on 31st December 2028.

12 conference rooms, a gym, 80 seat restaurant and bar/lounge with 40 covers.

Buying in at £220/sqft.

Price on Application.

Location

marker
Location: HILTON GARDEN INN LUTON NORTH, BUTTERFIELD BUSINESS PARK, HITCHIN ROAD, LUTON, LU2 8DL

Luton (2.3 miles)

Luton Airport Parkway (2.7 miles)

Leagrave (3.0 miles)
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