Pentahotel, Oxford Road
Reading
Berkshire
RG1 7RH
Virtual Freehold Hotel Ground Rent Investment
- Entirely let to Lucian Properties Limited until March 2108
- Rent review in March 2018 and five yearly thereafter to greater of £35,000 per annum or 5.4% of gross annual income (2)
- Entirely sublet to Hotel Property Investors UK Limited (t/a Pentahotel), with guarantee – on assignment from Ramada UK Limited
- Refurbished hotel comprising 206 bedrooms, 11 conference suites, bar/restaurant and fitness centre
- Prominent town centre location adjacent to Broad Street Mall Shopping Centre and Ring Road (A329)
- Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>
- Lot
8 - Auction
11th December 2014 - Rent
£54,164 per Annum Exclusive - Status
Sold - Price
£1,375,000 - Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP
- Photos
- Map