Clay Street advised on the off-market sale of the above asset on behalf of a UK Pension Fund client. Windsor House Chester is leased to Travelodge Hotels Ltd and Tesco Stores Ltd. Travelodge operate a 112-bed hotel with c.19 years uxt at the time of sale, Tesco having just over 2 years to run. The asset was acquired by a private family office in the sum of £11,500,000 reflecting a blended NIY of 6.75%.