Premier Inn, Marine Drive, DoverPosted on December 9, 2014
In spring 2014 Clay Street acquired Dover’s busiest hotel, the Premier Inn on Marine Drive.
The 100 bed hotel includes an extensive restaurant and sits on a large site overlooking the harbour, adjacent to the entrance to the passenger ferry terminal. At the time of purchase the lease had a further 22 years remaining to expiry.
The asset was acquired for a UK Pension Fund in the sum of £9,575,000.