Hotel For Sale – Moxy & Residence Inn
Avison Young UK is delighted to present for sale, on a sole exclusive basis, the freehold disposal of Moxy & Residence Inn by Marriott, Slough.
This prime Central Slough property offers a rare opportunity to acquire a market leading freehold of two Marriott branded hotels in the same building.
The on-trend, design-led hotel incorporates the 152-bedroom Moxy brand hotel with a 135-cover bar & restaurant as well as the 92-suite Residence Inn aparthotel. With separate entrances, the hotels share a fully equipped gym.
It is the only asset of its kind in Slough, which has the highest concentration of UK HQs of global companies outside of London, with Slough Trading Estate being the largest business and industrial park under single ownership in Europe.
Investment Opportunity – Key Features
- Prime Central Slough location
- 10 storey building located in the centre of Slough
- 152-bedroom Moxy brand hotel, and 92-suite Residence Inn brand aparthotel
- Opened in 2021
- Overriding occupational lease of the whole building with Slough Old Library Hotels Limited (Cycas Hospitality) for an expired term of 22.9 years
- 25-year lease commenced 1st February
- EPC Rating: B (30)