Hotel business + freehold - Victoria / Pimlico
- 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
Notes
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