SUPERB PROPERTY
The Hotel is a full service, four-star, 150 key hotel (of which 3 junior suites, 36 triple rooms and 111 standard double rooms), with an average room size of 16m2, occupying 4 floors above ground, with a restaurant and 4 flexible meeting/ conference rooms capable of accommodating up to 360 guests. The hotel has two F&B outlets including a terrace restaurant fully open to the outside public. It has a total gross floor area of 8,097m2 above ground and net floor area of c. 6,200m2. The Hotel holds a long lease of 43 car parking spaces from the stadium.
HIGH EQUITY RETURNS
The forecast returns on equity, are >3.0x equity within five years on value, plus ongoing annual 20% Cash on Cash returns from 2023.