3 London Hotels For Sale

By Dev Anand | 25 June 2019

Location: London

Names: Holiday Inn Express, Ealing; Seraphine Hammersmith Hotel (Sure Hotel Collection by Best Western), Seraphine Kensington Olympia Hotel

No. of Keys: 80, 62, 40 – 182 in total

The Properties: The three hotels – one owner,

Holiday Inn Express (HIE) opened November 2015, planning consent approved in principle for a further 27 rooms. Seraphine Hammersmith – 45 rooms freehold, 17 rooms short leasehold; Seraphine Olympia – 25 rooms freehold, 14 rooms short leasehold.

Seraphine Hammersmith

Main Photo: The Holiday Inn Express Ealing, three-star

Tenure: HIE Ealing – Freehold, the other two Freehold, part Leasehold

Brand/Management: HIE Ealing franchise agreement in place to September 2033; Serpahine Hammersmith (four-star) brand-free from December 2021; Seraphine Olympia – brand-free.

Current Owner: Private family

Yield/Financial: Accounts for past three years available on signing NDA. Substantial rental income from retail outlets at all three hotels. Trading analysis available at all three hotels.

Guide Price: TBA

Date Posted: June 2019

Agent: Christie & Co

THPT Comment: Unusual to find three hotels of this size and shape in West London….useful locations

Contact us for further information

 

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

 

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email [email protected].

Posted in Available, HA United Kingdom, Hotels Available and tagged