The hotel is EPC A-rated. Credit: CBRE IM

Latest York Premier Inn completes

Delivered by Clegg Construction for CBRE Investment Management, the 188-bedroom hotel replaces a Carpetright on Foss Islands Road.

Premier Inn has signed a lease for 25 years on the building, with CBRE IM working on behalf of CBRE UK Property PAIF. This is the sixth Premier Inn location in and around York.

Main contractor Clegg constructed the four-storey building on a one-acre plot, formerly the location of a retail warehouse leased by Carpetright.

CBRE IM said that the hotel has been constructed to high sustainability standards, featuring air source heat pumps, heat recovery ventilation systems, LED lighting, PV panels, and electric vehicle charging points. It is EPC A rated and BREEAM Very Good.

“We expect growth in the hotels and catering sector to outpace the wider economy during the next five years,” said Jamie Philips, fund manager for UK Property PAIF at CBRE IM.

“Tourism supports a significant number of jobs in York and given the strength of the city as a destination for tourists, combined with its current undersupply of hotel beds, the addition of a new modern and sustainable hotel will help to bolster York’s businesses and economy.

“This project sits firmly within the Fund’s strategy, providing a great opportunity to thoughtfully invest in and repurpose an existing asset, in order to create a long and sustainable cash flow for our investors.”

Clegg Construction managing director Michael Sims said: “We are tremendously proud to have delivered such a sustainable Premier Inn hotel for CBRE Investment Management and Whitbread PLC.

“The site is a historically sensitive city centre location in York, and I am delighted with how the Clegg Construction team conducted themselves with minimal disruption to local businesses and residents.”

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