Five-star hotel in a historic building.
Description
The hotel includes:
- 200+ rooms
- 6+ restaurants
- bar
- 4 conference rooms
- SPA-center
- gym
- swimming pool
Ownership: Freehold.
The cost of the property is 450,000,000 £/496,685,000 €.
The absolute annual income is 9,250,000 £/10,209,600 €.
The current yield is 2.6%.
The tenant is a chain of unique club hotels with more than 10 properties around the world.
The lease agreement is valid for 75 years.
This property is located in the heart of London, a short walk from the metro station which allows you to get to Oxford Street and the West End in 15 minutes. Sights of attraction such as Tower Bridge and Tower of London are located nearby.
Heathrow Airport is about 25 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.
