Studio for sale in Borough, The, SE1
Addington Street, London, SE1£300,000
Agent details
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Full Details for Studio for sale in Borough, The, SE1 :
Property description
An opportunity to purchase a managed hotel suite at the Park Plaza County Hall Hotel, Waterloo. This investment provided a fantastic gross yield of 7% (pre-tax) during 2015, providing a great alternative to low bearing savings.
Located on the 5th floor, the suite features modern fittings and appliances. The suite also benefits from views of the serene courtyard.
The 4 star luxury hotel is situated on Londons vibrant South Bank and is close to London Eye, Royal Festival Hall, Big Ben and Westminster Abbey.
In close proximity to Londons main transport links, Park Plaza County Hall is in walking distance to London Waterloo station providing connections to the City, shopping districts and the main London airports.
Managed and run by a well-respected Hotel Group, you can have the peace of mind your investment is being looked after and with the great location your hotel room should always be in high demand and rooms are allocated on a rotational basis to ensure a non-bias income stream.
The hotel has 6 function rooms and regularly plays host to a number of high profile events. Guests can enjoy facilities such as the LItaliano Restaurant and Spectrum Bar, the fitness suite and spa as well as Executive lounge and Terrace.
The popularity and success of this hotel is clearly demonstrated by its multi award winning status.
**Please be aware the asking price is exclusive of VAT which is chargeable on the purchase at 20%, however can be claimed back if eligible to do so**
** Images shown are not of the actual unit being sold and are for illustration purposes only. The images may or will include furniture, floor coverings, blinds and curtains, fixtures, decoration and fittings not included in the asking price. Please check with us on any point that is important to you **
Investment Opportunity
Net Yields Of 3.85%+
Prime London Location
Managed Hotel And Hassle Free Investment
These particulars are not intended to, and do not offer or form part of any contract and whilst these sales particulars are believed to be correct, their accuracy is in no way guaranteed. Any measurements are for general guidance and interest only and should not be relied on. None of the services to the property, or any of the appliances, fixtures or fittings have been or will be tested by MyLondonHome. Photographs may depict general images of the development and may not show the actual flat for sale. Internal photographs may show items not included in the sale.
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