No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£335,000
Added > 14 days

1 bedroom property for sale

Park Plaza Westminster Bridge, South Bank SE1
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Property
1 bed
1 bath

Key information

Tenure: Leasehold
Council tax: Ask agent
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Leasehold
  • 280 Sq. Ft (26 sq.m)
  • Net Yield Approximately 5.56%
  • 999 Years Leasehold
  • 4* Hotel Suite
  • High Occupancy Rate
  • On Site Bars & Restaurants
  • Conference Facilities
  • Leisure Spa & Fitness
  • Situated on the South Bank of Westminster
A Unique INVESTEMENT Opportunity offering a 5.64% NET YIELD (based on 2019 income) offering a steady financial performance.

London Link Properties are proud to present this unique commercial investment opportunity. This luxury suite is located in the Park Plaza Westminster Bridge Hotel and offers a 'hassle free' investment with a 2018 net yield of 5.64%. This investment further benefits from an 8 year proven financial track record, a 999 year lease and a 25 year operations contract with the Park Plaza Hotels Europe Group.

This suite meets with all expectations of a 4-star luxury hotel and comprises of a reception area with sofa bed, a double bed, kitchenette, fitted wardrobes, a contemporary bathroom. Each suite has been designed and specified to include, refined precious marble and limestone finishes with furniture and bespoke wall art by one of London's highest acclaimed interior consultants

Park Plaza Westminster Bridge offers a selection of bars, restaurants, conference facilities for hotel guests as well as leisure facilities including a swimming pool and spa, offering the perfect scenario for a conference, business event or a city break.

The concept of acquiring a Suite in the heart of London, overlooking The Big Ben, The House of Parliament & The City including excellent transport links must be considered as one of the finest and long-term investment opportunities.

Places of interest

    Our services We specialise in selling and letting properties and that can involve a lot of related services. We can help provide the following; valuations, professional photography, floor plans, EPCs, let only, rent collection, full management, check-ins, check-outs, inventories, details of mortgage brokers and conveyancing solicitors. We also specialise in resales of high yielding hotels suites located in both Park Plaza County Hall & Park Plaza Westminster Bridge, both of which offer a hands off armchair investment.

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    *DISCLAIMER

    Property reference CAW160053. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by London Link - London.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on February 22, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.