£3,500,000

16 bedroom property for sale

Hotel Business + Freehold - Victoria / Pimlico, SW1V
property property
bedrooms 16 bedrooms
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Property 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.
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First listed

Over a month ago

Hotel Business + Freehold - Victoria / Pimlico, SW1V

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Nest Seekers International 169 Piccadilly, 5th Floor,Mayfair,London,W1J 9EH
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