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Seneca acquires Premier Inn Preston Central hotel from Aegon

Seneca Property has acquired the freehold of the 140-bedroom Premier Inn Hotel in Preston from Aegon for an undisclosed sum. The asset was put up for sale more than 12 months ago with an £8.7m price tag.

The seven-storey property was newly developed in 2011 at a reported cost in excess of £23m and...

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