Who will land the Hilton lease? | Scottish Licensed Trade News

Scottish Licensed Trade News

Who will land the Hilton lease?

Posted on by in Property

THE ground lease investment of the Hilton Edinburgh Airport Hotel has come onto the books of property firm CDLH priced at £13.25 million.

• The hotel is located at Edinburgh airport.

• The hotel is located at Edinburgh airport.

The only hotel located within the confines of Edinburgh International Airport, the Hilton sits on a 2.68 hectare site.
Inside, the hotel comprises 150 bedrooms, a bar, restaurant, lounge, function/banqueting facilities and a gym with swimming pool.
CDLH said there is an occupational lease in place, guaranteed by Hilton Worldwide Limited, with an unexpired term of 53 years, which it said provides “‘bond’-like security of income to an investor”.

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