Maypole, Alcester Road South, Birmingham

28th February 2017

Prominent location on to the A435, a major arterial route running from the south into Birmingham city centre. Developed in 2007 the property comprises a 60 bed hotel together with six separately let ground floor shop units. The property is let to covenants including Travelodge, Wilko, Ladbrokes, Halfords, Subway and Queensway Hospitality Ltd (KFC). 42.5% of the annual income is secured against Travelodge Limited until 2041 and subject to CPI reviews (collar 1% and cap 4%).