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Iroko acquires Sunderland Premier Inn for £7.8m

Premier Inn Hotels Limited has a 25 year lease with a passing rent of £544,411 per annum, expiring in September 2040, with a parent guarantee from Whitbread Group PLC

Iroko Zen has acquired the Premier Inn Hotel at 1-3 Hind Street, Sunderland, for £7.8m from Savills Investment Management.

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