Plot for sale

>

Plot for sale

Travelodge, Grafton Inn and Land at Grafton, Hereford
£2,495,000

Our Summary

  • 38 acres)• Potential development opportunity (subject to planning)Informal Tender Guide Price£2,495,000Please note the deadline for bids is 12 noon on Friday, 4th July 2025, to the agent’s office, with all submissions to be marked “Travelodge Tender”
  • Potential development opportunity (subject to planning)

Description

The property comprises a 38-bedroom Travelodge hotel, generating an annual income of £166,476.65, with a rent review indexed to RPI in 2028. Adjacent to the hotel is the Grafton Inn, a large, detached former public house with potential development opportunities (subject to planning). The property also includes 7.44 hectares (18.38 acres) of agricultural land, formerly used as a cricket ground, with frontage to the A49 and an access drive. The hotel and inn are situated approximately 3 miles south of Hereford, with easy access to Ross-on-Wye and the M50. The Travelodge hotel is a modern, low-rise building with ample parking, while the Grafton Inn is a traditional, load-bearing brick building with a mix of 2-storey and 3-storey elements. The property is being sold through an informal tender process with a guide price of £2,495,000.