Apex Hotel, Waterloo Place, EdinburghPosted on March 1, 2013
Apex Hotel, 23-27 Waterloo Place, Edinburgh, EH1 3BH, is a Grade A listed building designed by Archibald Elliot, dating from early 1800’s.
The property also includes a 10 storey 1970s extension to the rear. The hotel provides 187 rooms with bar, restaurant and leisure facilities and comprising approximately 117,000 gross sq ft.
The Feuhold interest, was acquired by Clay Street on behalf of the BBC Pension Trust in an off market capacity. The property was leased by to Apex Hotels Limited for a term of 150 years with the benefit of annual RPI linked uplifts collared and capped at 0 – 7%.
Client: BBC Pension Trust Limited (c/o CBREGI)
Sector: Hotel Ground Rent
Purchase Value: £10,000,000
Address: Apex Hotel, 23-27 Waterloo Place, Edinburgh