News

Scarborough Council turns commercial property investor with Travelodge acquisition

By 2018-11-01T13:07:00

Scarborough Travelodge

Scarborough Borough Council has completed its first acquisition since adopting a new commercial property investment strategy.

Property Week can reveal that the council has purchased the Travelodge Hotel in central Scarborough for £14m from a UK charity advised by Lewis & Partners and Knight Frank.

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