£325,000
Studio for salePark Plaza Westminster Bridge Hotel, 200 Westminster Bridge Road, London SE1
1 bath
1 reception
Just added
Leasehold
About this property
Proven returns with evidenced financial track record
7.6% net yield based on last two years performance
990-year lease
No day-to-day management responsibilities
Prime investment location directly opposite Big Ben & Houses of Parliament
An exceptional investment opportunity is available with this luxurious suite situated within the world-renowned Park Plaza Westminster Bridge Hotel. Located on the lively South Bank, the hotel is positioned directly across from the Houses of Parliament and Big Ben. This presents a straightforward, managed property investment with a successful history spanning over a decade, delivering an average net yield of 7.6% based on revenue in recent years.
The suite is offered with a 990-year lease, giving the owner long-term security. The hotel's operations are managed by Park Plaza Hotels Europe, ensuring expert and consistent professional management of the property.
Owners receive all of the profit their individual room generates after the relevant costs. To ensure equitable occupancy, the hotel's reservation system ensures a fair room allocation to ensure a balanced share of performance across all units.
The hotel provides access to a variety of amenities, including several bars, restaurants, conference spaces, and leisure facilities such as a swimming pool and spa. These features enhance the investment's performance by attracting a diverse clientele of both local and international visitors.
The suite is offered with a 990-year lease, giving the owner long-term security. The hotel's operations are managed by Park Plaza Hotels Europe, ensuring expert and consistent professional management of the property.
Owners receive all of the profit their individual room generates after the relevant costs. To ensure equitable occupancy, the hotel's reservation system ensures a fair room allocation to ensure a balanced share of performance across all units.
The hotel provides access to a variety of amenities, including several bars, restaurants, conference spaces, and leisure facilities such as a swimming pool and spa. These features enhance the investment's performance by attracting a diverse clientele of both local and international visitors.
More information
Tenure
Leasehold (990 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review