Park Plaza Westminster Bridge Hotel, Westminster Bridge Road, London, SE1

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Park Plaza Westminster Bridge Hotel, Westminster Bridge Road, London, SE1

£325,000

London, United Kingdom

London Central

£325,000

1 BATH

1 Reception

Council Tax Band: Exempt

Council Tax Rate: tbc

Leasehold

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.

Under the Consumer Protection Act 1987 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers.

Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify your financial position before we can recommend any offer to the vendor.