Warwick Way, Pimlico, London, SW1V
- PROPERTY TYPE
Hotel
- SIZE
2,949 sq ft
274 sq m
Key features
- Property Overview:
- Occupancy: 95%
- Number of Rooms: 16
- Total Area: 2,949 square feet
- Investment Potential
Description
Description:
Nestled in the vibrant and ever-popular area of Pimlico, this a unique investment opportunity. With 95% occupancy and a healthy operating profit, this boutique hotel offers a solid revenue stream in one of London's most sought-after locations.
Spread over approx. 3,000 square feet, the property boasts 16 well-appointed rooms, each designed to provide a comfortable and memorable stay for our predominantly tourist clientele. The hotel's charm and central location ensure high demand, despite the competitive landscape of the London hotel market.
Market Insights:
The London hotel market has remained resilient and buoyant in recent years, outperforming the broader hotel market and national economy. While there have been slight dips in occupancy levels, the overall market remains strong, particularly in more central London locations.
Reports indicate that London hotel performance is showing limited growth in average room rates across most segments. However, townhouse and boutique hotels, like the Vegas Hotel, are among the top-performing segments.
Investment Potential:
The property presents a dual opportunity for potential buyers:
- Operational Continuity: Continue running the hotel business, capitalising on its established reputation and consistent tourist demand.
- Development Opportunity: Given its prime location, there is strong demand from developers looking to convert the property into residential use, such as apartments, which could yield a higher capital value.
Warwick Way, Pimlico, London, SW1V
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Victoria Station0.3 miles
- Pimlico Station0.4 miles
- Sloane Square Station0.6 miles
About Century 21 London Central, Westminster
85 Rochester Row, London, SW1P 1LJ
Your Premier London Estate Agency
At Century 21 London Central, we stand as a leading estate agency, nestled in the heart of London, dedicated to providing a comprehensive range of property services to cater to the needs of buyers, sellers, and tenants alike.
Our team at Century 21 London Central is highly experienced and knowledgeable about the London property market and provides you with a wide range of services, including:
- Property sales and lettings: Century 21 London Central can help you to sell or let your property quickly and efficiently, at the best possible price. We will create a bespoke marketing plan for your property and ensure that it is seen by the widest possible range of potential buyers or tenants.
- Property management: Century 21 London Central can look after your property once tenants move in, by taking care of the rent collection, day-to-day property management, deposit protection and administration.
- Property valuations: Century 21 London Central can provide you with a free and accurate valuation of your property, whether you are thinking of selling or letting.
- Property acquisitions: Century 21 London Central can offer you expert advice if you are looking to buy a property or invest in the central London property market.
If you are in search of a professional and reliable estate agent in London, Century 21 London Central is the perfect choice. Our dedicated team is ready to assist you in achieving your property goals. Contact us today to discuss your property needs and embark on a successful property journey with Century 21 London Central.
Notes
Disclaimer - Property reference L809892. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Century 21 London Central, Westminster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.