Summary - London SW1V SW1V 1SD
1 bed 1 bath Commercial Property
**Key Features:**
- Prime Central London location, close to major tourist attractions
- Freehold property with a 2,249 sq ft footprint
- 16 smartly designed ensuite bedrooms
- Proven business with a 95% occupancy rate
- Fully furnished and recently renovated with refurbishment potential
- Functional breakfast room and versatile guest facilities
- Excellent transport links, ideal for leisure and business travelers
- Inclusive sale of business and assets valued at approximately £4M
This centrally located freehold budget hotel in Victoria/Pimlico offers a rare investment opportunity in one of London's most vibrant areas. With a remarkable occupancy rate of 95%, this Grade II-listed property has thrived under the same family ownership for over four decades, demonstrating its strong appeal to guests.
The hotel features 16 efficiently designed ensuite bedrooms, complete with modern amenities including LCD TVs and Wi-Fi, ensuring a comfortable stay. Guests can enjoy a stylish breakfast room and additional facilities such as a catering kitchen and internal courtyard, enhancing the operational versatility.
While the property benefits from recent renovations, it also presents a unique chance for future refurbishment or adjustment, potentially increasing the cap rate by transitioning to self check-in options. With its prime location and history of operational success, this property is perfect for investors eager to tap into the London budget hotel market. Don't miss this chance to secure a thriving business in the heart of the city.
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