en.Wedoany.com Reported - The freehold of a property comprising a Toby Carvery restaurant and a Travelodge hotel in Whitchurch, Cardiff, UK, is being listed for sale as an investment opportunity, with an asking price of £6.25 million. The site is strategically located at the junction of T'yn-Y-Parc Road and the A470 main road leading to the city centre, just a few minutes' drive from the M4 motorway junction, serving the northern suburbs of Cardiff.

The property occupies 1.8 acres, featuring a 200-seat Toby Carvery restaurant and bar with a function room at the front, and a 52-suite Travelodge hotel at the rear, where guests can enjoy breakfast in the adjacent restaurant. The site also includes three staff accommodation units and 110 parking spaces. Despite the change in freehold ownership, the operations of the existing tenants—Toby Carvery and Travelodge—will not be affected.

Agent Christie & Co describes this property as a "hotel and leisure mixed-use investment," stating it offers "long-term, stable rental income" capable of attracting users from both the business and leisure sectors. The freehold sale represents a Net Initial Yield (NIY) of 7.72%, assuming purchaser's costs of 2.3%, reflecting the corporate transaction nature. The agent anticipates strong interest from institutional funds as well as high-net-worth private buyers.

The agent stated: "This is an excellent opportunity to acquire a hotel and leisure investment—one that provides long-term, inflation-proof rental income secured by strong covenants, with the added appeal of future alternative use value." The freehold sale of the property is being handled by Craig Millward and Elizabeth Rice from Christie & Co's Corporate Hotels team.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com