On behalf of private clients, Cooper Rose Real Estate has acquired the heritable interest in the Mercure hotel in Livingstone, Scotland from the Aviva Linked Property Fund.
The property is let to Jupiter Hotels Limited for a term of 34 years from 24 August 1999 at a current rent of £678,192 per annum subject to RPI linked rent reviews and with an additional rent based on turnover.
The acquisition price was around £6,200,000.
Contact Ben Rose or Giles Cooper
