New hotel in the business district of London, UK

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New hotel in the business district of London, UK

154,240,000 €
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  • Yield
    5.0%
  • Built in 
    2017
Details
Property parameters
  • Total rooms: 250
  • Hotel rating: 4
  • 13-floor building
Financial performance
  • Annual income: 7,711,980 €
Features
  • Balcony or terrace
  • TV
  • Garden

Four-star hotel with a garden and panoramic city views.

Description

The hotel has 13 floors and includes:

  • 250+ rooms
  • business center
  • 2 restaurants
  • bar
  • gym
  • terrace
  • garden

All rooms are equipped with air conditioning, a flat-screen TV with satellite channels, a fridge, a coffee machine, a desk and a private bathroom.

Financial performance

The cost of the property is 140,000,000 £/154,240,000 €.

The absolute annual income is £ 7,000,000/ € 7,711,980.

The current yield is 5%.

Location

The property is located in the business district of London, close to the public panoramic lounge ”Sky Garden“ and the vibrant Shoreditch district with its variety of galleries, boutiques and markets. Tourist attractions including the Tower of London, Tower Bridge and Tate Modern are also within walking distance.

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.

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    Location right down to the building, street or city
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