Leonardo Hotel Newcastle brought to market for £31.8m
Hotel Owner
OCTOBER 17, 2023
this year, rising to 9.86% in 2028, and 11.05% in 2033. The investment is priced attractively and at the quoted price it is also substantially underpinned by its vacant possession value.” If sold for £31.8m, the purchaser can expect a running yield of around 8.5%
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