Freehold 4* Hotel Investment in Central London

No Longer Available
  • Location:

    London, United Kingdom

  • Property Type:

    Hotel

  • BUA:

    500,000 Sq Ft

  • RERA No.:

    28537

  • Ref No.:

    CP0033

Property Description

Freehold hotel in the heart of London

Located in a major transportation corridor

Next to one of the largest mixed-use development schemes in central London

312 Rooms

17 meeting spaces

London's largest hotel auditorium seating (up to 450 delegates)

Restaurant and bar

Theatre

Potential for redevelopment

Term: 25 years with 13 years unexpired (Expiry: 2028)

Rent Reviews: 2.5% fixed annual uplifts

Up to 500,000 sqft BUA

Revenue €5.45 Bn

Operating income €578 M

Profit €233M

Important Notice:

Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by CommercialProperty.ae in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. CommercialProperty.ae does not have authority to make any representations about the property, and accordingly, any information given is entire without responsibility on the part of the agents. The photograph shown is for illustrative purposes only due to the confidentiality of the listing, the property being marketed is not as shown. Areas, measurements and distances given are approximate only. Regulations Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent have been obtained. A buyer must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: The VAT position relating to the property may change without notice.

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