Property Detail

Hotel 4* In Camden, London, For Sale With 47 Rooms, Restaurant, Business Center and Commercial Space

Hotel 4* In Camden, London, For Sale With 47 Rooms, Restaurant, Business Center and Commercial Space

Property type: hotel

Hotel category: 4*

Room capacity: 47

Tenure: freehold

Location: Camden, London, UK

• advantageous location - hotel is situated near the center of London and close to popular city attractions
• excellent transport accessibility – in immediate vicinity to the railway stations and just a 10 minutes’ drive of the international airport

Technical condition:
• hotel is in good condition
• additional investments in renovation or refurbishment are not required

Options of hotel acquisition:
• with execution of the agreement with the current Hotel operator for 15 years
• without execution of the agreement with the current Hotel operator

Commercial space (on the 1st floor):
• long-term lease agreement
• AAA tenant

Purchase price: 37,000,000 GBP
(+ closing costs)

Yield: 4.8% per annum

Amenities and other defining features:
• elegant comfortable guest rooms with personal bathroom, hairdryer, satellite TV, air conditioning, work area with a desk and telephone
• restaurant
• terrace
• business center
• commercial space
• car parking
• free Wi-Fi
• 24-hour front desk
• luggage storage
• daily cleaning service
• laundry service

Extra information:
Occupancy rate – 85%

Development potential:
There is an opportunity of opening a bar on the hotel territory thereby yield can be increased up to 6.0%.

Property Contact

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http://www.brantstone.com/property/hotel-for-sale-in-london-freehold-02011447 02011447 Hotel 4* In Camden, London, For Sale With 47 Rooms, Restaurant, Business Center and Commercial Space