Five-star hotel located in the business district of London.
Description
The hotel has 10 floors and includes:
- 140 rooms (it is possible to increase the number of rooms to 160)
- restaurant
- bar
- conference center
- spa center
- gym
- swimming pool
- garden
- terrace
- tennis court
It is possible to acquire the virtual freehold (994 years) of the hotel which will be sold with either vacant possession or with the vendor’s management in place on a sale and leaseback, subject to negotiations.
The cost of the property is 230,000,000 £/253,861,000 €.
The absolute annual income is £ 14,000,000/ € 15,452,400.
The current yield is 6%.
The property is located near the River Thames, in the business district of London. There is a bus stop near the hotel and a metro station in a 10-minute walk, giving you access to the city’s most popular attractions. The Tower Bridge can be reached in 10 minutes by car.
The center of London is 7 km away. Heathrow Airport is about 30 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.
