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New Dome Hotel, 51-53 Camberwell Church Street, London, SE5 8TR

Offers Over
£5,000,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 30 ensuite rooms
  • Cafe below hotel
  • Takeaway Pizza restaurant
  • Current net rent £316,000 pa
  • Recently refurbished
  • Energy rating: B
  • Christie & Co Ref: 2440289

Description

Description

A rare mixed use investment opportunity comprising a 30 bedroom ensuite hotel together with two fully let commercial units on the ground floor - currently operating as a coffee shop and a separate pizza takeaway restaurant.

Location

The New Dome hotel is ideally situated in a busy and vibrant location in South East London. The high Street has an abundance of bars, restaurants and pubs all of which are in close proximity to the hotel. The location offers guests simple access to central London with excellent road and public transport links. Denmark Hill Station and oval underground Station are easily accessible.

Internal Details

The hotel letting rooms are configured as follows:

4 double bedrooms on the ground floor
12 bedrooms on the first floor
7 bedrooms on the second floor
7 bedrooms on the third floor

Ground Floor

Brasserie Lumiere a busy coffee shop occupies a large section the ground floor of the building. There is a kitchen on the ground floor that services the cafe. Next door to the coffee shop there is a pizza takeaway restaurant - Francesco's Sourdough Pizza.

Other Floors

There is a large basement where the hotels in house laundry is located.

Fixtures & Fittings

Approximately two years ago the hotel the current owner refurbished the entire hotel including new laminate flooring, rewired, plumbed and replastered the building. The owner has informed us that he has spent circa £400k refurbishing the buildings.

Investment Summary

The hotel is held on a lease with Wasity Bros Ltd from 1/10/2023 to 30/09/2034 rent £26,400 per calendar month (PCM). The takeaway Pizza lease is with Incontro Ltd (53 Camberwell Church Street) from 01/02/2021 to 31/03/2027 £1875.00 PCM. Total annual rent for both leases is £316,000.

Brochures

New Dome Hotel, 51-53 Camberwell Church Street, London, SE5 8TR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Denmark Hill Station0.4 miles
  • Loughborough Junction Station0.8 miles
  • Peckham Rye Station0.9 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 2440289-fh. 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 Christie & Co, Hotels. 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.

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