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Irwin Mitchell Advises Redefine On Acquisition Of Travelodge Hotel In Enfield

New Client For London Real Estate Team


Karen Roberts, Press Officer | 0207 400 8714

National law firm Irwin Mitchell’s Real Estate Team has advised Redefine International, the income focussed REIT on its acquisition of a Travelodge Hotel at Lumina Park in Enfield, London, for £10 million.
The 39,000 sq. ft. hotel,  built in 2012  provides 132 bedrooms across four floors along with a ground floor reception area, cafeteria and bar. The building also includes a separate retail unit at ground floor level, which is currently vacant. The hotel is close to both Enfield Town and Southbury rail stations, which offer easy access to London Liverpool Street, and Southgate underground station on the Piccadilly Line.
Lumina Park is a newly developed 100,000 sq. ft. mixed-use retail and industrial scheme located on the A10, within a short distance of the North Circular and Junction 25 of the M25. Existing occupiers include Jemca Toyota Motors, Big Yellow and Halfords Autocentre.
This is the first time Irwin Mitchell has advised Redefine and the team was led by Head of London Real Estate, Rob Thompson, assisted by Associate Claire Illingworth.  The vendor was advised by Declan Power of Maples Teesdale.

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