The Pine Marten Lodge, Spott Road The Pine Marten Lodge, Spott Road, Dunbar, EH42 1LE

Key Features

• Strategically located 27 room hotel adjacent to Marston’s Pine Marten Pub.

• Easily accessible off the A1 Spott Roundabout which sees 25,000 car journeys per day.

• Dunbar is an attractive coastal town commutable to Edinburgh and attracting 1.22m visitors annually.

• Well secured on a long lease to Marston’s PLC for a further 25 years, no breaks.

• Current passing rent of £104,044.18 per annum

• Annual rent reviews to RPI with 1% collar and 4% cap. Next review due in June 2025.

• We are instructed to seek offers in excess of £1,270,000 (One Million Two Hundred Seventy Thousand Pounds) subject to conclusion of missives and exclusive of VAT providing an attractive 7.75% net initial yield.

• By 2050, at the 1% annual collar, the yield will have increased to 10.05% and, at the 4% annual cap, to 21.52%.