Commercial · For sale

Travelodge Southampton – Freehold Budget Hotel Investment For Sale

Lodge Road, Southampton, Southampton, SO14 6QR

Offers over £4,633,000

Tenure

Freehold

Added

18 Oct 2026

About this property

Travelodge Southampton was constructed in 1987 and refurbished in 2022, providing 59 guest bedrooms arranged across a ground and six upper floors. The hotel offers a grab-and-go food option only, and benefits from 21 on-site car parking spaces. The hotel was fully refurbished in October 2022 under Travelodge’s group-wide refit programme, transitioning to the brand’s premium Budget-Luxe design format. The upgrade introduced sustainable elements including carpets made from recycled fishing nets, low-energy LED lighting and water-efficient showers. For an incoming investor, a rebranding capex allowance of £590,000 (£10,000 per key) has been reflected in the vacant possession valuation.

Key points: - Purpose-built 59-key hotel constructed in 1987 and fully refurbished. - Situated on Lodge Road in Southampton’s Bevois and St Mary’s. - Travelodge revenue £206.8m in Q1 2026, up 4.2% YoY and ahead. - Excellent connectivity: Southampton Central c.1 mile south. - Five-yearly rent reviews to CPI+0.5%, collared at 1% and capped at. - Southampton port handles around 3 million passengers and c.400. - Southampton RevPAR growth 4.42% p.a. (2019–2025), ahead of. - Manchester, Leeds, Bristol, Liverpool, Birmingham and London. - Over c.23-year term, CPI+0.5% reviews projected to generate. - Priced below vacant possession value: c.£5,392,000 going-concern.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

• Keys: 59
• Passing Rent: £321.3k pa
• Unexpired: c.23 years
• Tenure: Freehold