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COMMERCIAL

Hotel business + freehold - Victoria / Pimlico

£3,500,000
Nest Seekers International, London
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Close to Main Tourist Attractions
  • All Furnishings Included
  • Excellent transport links
  • Leading Budget Accomodation Franchise (terminable upon request)
  • Consistently High Occupancy Rate
  • GRADE II LISTED BUILDING
  • Breakfast Room
  • Ensuite Shower Rooms
  • Refurbishment Potential
  • Prime Central London

Description

Central London Franchised Budget Hotel - A Comprehensive Investment Opportunity

We are pleased to offer an exceptional investment opportunity in a centrally located franchised budget hotel in London's prestigious SW1V district. This Grade II-listed 2,249 sq ft freehold property represents a unique chance to acquire a tangible asset and a thriving business in one of the world's most dynamic hospitality markets.

PROPERTY HIGHLIGHTS:

  • Proven Business Success: With consistently high occupancy rates and under the same family ownership for over 4 decades, the hotel has a strong track record of operational success and guest appeal.
  • Smartly Designed Rooms: This hotel features 16 efficiently designed ensuite bedrooms. Following renovations in 2016 and 2019, the thoughtful use of space ensures guest comfort and complements it with practical amenities.
  • Convenient Guest Facilities: The property includes a functional breakfast room, a catering kitchen, two cellars, and an internal courtyard, offering versatility for various operational needs.
  • Essential Amenities: Guests enjoy essential facilities such as LCD flatscreen TVs, hairdryers, and Wi-Fi connectivity, making for a comfortable and convenient stay.
  • Prime Location: Just a short walk from London Victoria Station, the hotel enjoys proximity to major tourist destinations and the transport hub, making it ideal for both leisure and business guests.

INVESTMENT DETAILS:

  • Occupancy rate: 95%
  • Gross yield: ca. 8%
  • Growth potential: potential to significantly improve the cap rate by switching to self check-in
  • Inclusive sale: freehold and assets (valued independently at £4M) + business as TOGC

This investment is ideal for investors looking to enter or expand in the London budget hotel market. It combines the security of a tangible asset with the ongoing rewards of a successful business operation.

Viewings: Interested parties are encouraged to contact us for further details and to initiate the pre-qualification process for a private viewing. Due diligence is mandatory to ensure the ability to proceed of all prospective buyers.

Hotel business + freehold - Victoria / Pimlico

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Victoria Station0.3 miles
  • Pimlico Station0.4 miles
  • Sloane Square Station0.6 miles

About Nest Seekers International, London

23 Berkeley Square, London, W1J 6HE
Industry affiliations:Industry affiliation logo 0

Nest Seekers International is a game-changing firm in the rapidly expanding global real estate marketplace. The firm’s hybrid tech-enabled service model has inspired a new way of thinking in the industry, and its approach to daring and unconventional marketing has elevated and revolutionized the way people think of real estate.

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Disclaimer - Property reference NEST_RM_192446_3187889. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nest Seekers International, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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