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The Billionaire Network is excited to present these two 3/4* hotels available for acquisition. They’re located in Central London (W2 Postcode).both totalling 92 rooms.
1st Hotel
- 43 bedrooms
- Recently undergone a full refurbishment
- Located in the heart of Bayswater only a short distance from lively Notting Hill
- Trading successfully
- The hotel is offered free of brand and management ties
- Fantastic tourist attractions and demand drivers nearby including Kensington Palace, Royal Albert Hall, St Mary’s Hospital, Oxford Street, Portobello Road, Madame Tussauds, Natural History Museum and V&A Museum
- Incoming Crossrail and the Whiteley’s development to continue the rejuvenation of the area
- Scarcity of good quality stock in the area and limited hotels on the market with rooms of this scale.
- Free of Management & Flag
- Freehold
- NOI: £802,794.39
- Price – £20.75M
2nd Hotel
- 49 bedrooms
- Located in Paddington only 0.2 miles from London Paddington Station
- Paddington is currently undergoing significant redevelopment and has been subject to large scale investment over the last few years
- Fantastic tourist attractions and demand drivers nearby including Kensington Palace, Royal Albert Hall, St Mary’s Hospital, Oxford Street, Portobello Road, Madame Tussauds, Natural History Museum & V&A Museum
- Incoming Crossrail to Paddington Station and the Whiteley’s development to further catalyse gentrification of the area
- Shortage of hotels on the market in Bayswater and Paddington
- Trading successfully
- The hotel is offered free of brand and management ties.
- Freehold
- Free of Management & Flag
- NOI: £850,992.82
- Price: £18.7M
This doesn’t include an additional buyers fee of 2%.
Please note, if these are of interest, we’d be happy to send over the brochures for these assets once we’ve established who we’re communicating with, their position and the signing of an NDA.
SOLD
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