Five-star boutique hotel located in a quiet area of the city, close to shopping streets and sights of attraction of London.
Description
The hotel includes:
- 50 rooms
- restaurant
- bar
- conference room
- gym
- garden
The hotel has a unique design with antique furniture and paintings. All rooms have satellite TV, video, wi-fi, air conditioning, telephone, minibar and safe.
The hotel has in place planning granted for an additional 350 m² residential apartment on the top floor.
Ownership: Freehold.
The cost of the property in case of signing an agreement with the management company for 10–15 years is 55,000,000 £/60,545,300 €.
The absolute annual income in this case will be 2,200,000 £/2,421,810 €, the yield will be 4%.
The cost of the property without the management company is 75,000,000 £/82,561,800 €.
The property is located in a quiet part of South Kensigton, next to two metro stations. London Museum of Natural History, Royal Albert Hall and Buckingham Palace are located nearby. Various bars, restaurants and nightclubs are within a 10-minute walk.
Heathrow Airport is 20 km away.
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.