Cleethorpes’ Premier Inn has hit the market for a cool £7 million.
The investment opportunity includes the 84-room hotel and adjoining 192-cover Brewers Fayre restaurant, let on a long-lease to the Whitbread Plc company.
Birmingham-based investment house Connection Capital bought the site for £5.49 million from northern Lincolnshire developer Maltgrade as the Meridian Point site opened in 2014, having helped finance the project - a model replicated within the portfolio.