Hotel in the center of London, UK

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Hotel in the center of London, UK

£169,969,000
£16,631 /m²
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  • Total area
    10,220 m²
  • Yield
    4.0 %
  • Rental rate (m²/month)
    £55
Details
Property parameters
  • Total rooms: 390
  • Hotel rating: 4
Financial performance
  • Annual income: £6,798,782

Four-star hotel in central London.

Description

The hotel includes:

  • 390 rooms including 12 deluxe rooms
  • 24-hour reception area
  • restaurant
  • fully equipped conference center
  • parking

All rooms are air conditioned and decorated in a bright contemporary style and feature large bathrooms, a PlayStation games kit and a private study area including desk.

Ownership: Freehold.

Occupancy: 73–75%.

It is possible to increase the hotel area by approximately 1,800 m².

Financial performance

The cost of the property is 175,000,000 £/192,644,000 €.

The absolute annual income is £ 7,000,000/ € 7,705,770.

The current yield is 4%.

Location

The property is located in the center of London, only a couple of minutes’ walk to the metro station, and within easy reach of the many excellent shopping, restaurant, and transport facilities of Oxford Street and the West End. The hotel is just a 10-minute walk from Paddington Station, offering a direct train link to Heathrow Airport.

London is the capital and largest city of the United Kingdom of Great Britain and Northern Ireland and the 3rd largest city in Europe. The population of the city is more than 8.6 million people.

London is the main political, economic and cultural center of the United Kingdom.

London belongs to the global cities of the highest rank and the world's leading financial centers. Its economy is 1/5 of the country's one.

The tourism industry employs more than 250 thousand people. Every year tourists leave in London more than 10 billion pounds.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other hotels for sale in the United Kingdom.

You can see more hotels for sale in London elsewhere on our website.

Statistics in London

Price per m², £
12,687
Healthcare efficiency level
69
Index 69 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
48
Index 48 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, £
Apartment in the city centre, m² 12,687.01
Apartment in a bedroom community, m² 7,188.65
Transport Price, £
Public transport, 1 ride 2.46
Monthly travel card 147.48
Taxi, 1 km 2.95
Petrol, 1 l 1.27
Food Price, £
Water, 1.5 l 0.9
Milk, 1 l 0.95
White bread, 500 g 1.09
Eggs, a dozen 2.0
Chicken fillet, 1 kg 6.11
Education Price, £
Kindergarten, per month 1,253.59
International school, per year 16,998.75
Health care index
Staff competence 67.36
Medical equipment 82.38
Research accuracy and completeness 67.4
Attitude towards patients 70.54
Security index
Crime rate 61.74
The risk of being robbed 53.97
The risk of car theft 49.78
The risk of break-in and property damage 57.75

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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