Hotel in London, United Kingdom

United Kingdom, London

Archive cost €12,00M

Sold or out of date

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Updated at: 09/09/2021

Location

Country: United Kingdom

State: England

Region: Greater London

City: London

Description

DescriptionLuxury SPA Hotel near London, £ 12 million, 8.2% profitability!The hotel is in a 19th century Palace and has been used as a Hotel since 1996 by one Owner.Composed:55 rooms, 2 separate villas with 4 and 3 bedroomsRestaurant and bar12 conference rooms22-meter heated poolSPA-complex with 7 rooms, sauna, hammam, jacuzziGymnasium “Technogym”Located on an area of 22.2 hectares, it has 6 tennis courts, a helipad, a clubhouse for golfers (next to an 18-hole golf course, where 2 European Championships were held).At one time, the kings of England, George VI, and Edward VIII stayed at the Palace.Now, the Hotel regularly hosts its corporate meetings with Mastercard, Mercedes Benz, Toyota, Browne Jacobson, Capital One, Moore Stephens, and others.Price: £ 12 millionThe price does not include 5% real estate agency services.The Management Company is ready to sign a compulsory lease contract with the new Owner for 10 years with a guaranteed payment for the first 3 years 6% per annum (£ 720,000), the next 3 years – 8% per annum (£ 960,000) and from the 7th year – 10% per annum (£ 1.2 million).It is possible to finance 50% of the purchase price at 3-4% per annum for up to 20 years.All additional information is provided upon request (detailed description, video presentation, financial statements).An excellent investment with a guaranteed return of 8.2% within 10 years in the UK!