On behalf of The Charities Property Fund, managed by Savills Investment Management, Cooper Rose Real Estate has acquired the Jurys Inn investment in Brighton for a price of £28,230,000 in an off-market transaction.
The property occupies a prime position next to Brighton station.
The property is let for a term of 35 years from November 2005 at a rent of £1,570,000 per annum with rent reviews linked to RPI.
Contact Giles Cooper or Ben Rose.