Commercial in city London
22.00 sq.m., 1 bedroom

€ 170 000

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Hotel Holiday Inn Express London Excel is the perfect opportunity to invest in the London hotel sector. The proposed cost of the project is much lower than the cost proposed by the Royal society of appraisers Britain. The hotel is already open from June 2015.
For the first year of operation, the hotel has brought investors nearly £10,000
• According to the evaluation, which was recently carried out by the Royal society of appraisers Britain, these rooms were valued at £161,000, but their actual cost is only £150,000.
• Rooms are purchased on a leasehold on the principle of renting residential property for a period of 199 years.
• Investing in these rooms is a valid funding model without the active participation of the investor, as the hotels will operate under one brand under a franchise agreement concluded with the operator of the Holiday Inn.
• Date started – June 2015
Three years after the completion of the construction for increasing the profits of investors, the developer plans to sell the hotel to the pension Fund at market value, which is projected to be £185,000, but not less than £161,000 according to the contract.
The hotel has been running since June last year and February 2016, the investors have already received the first report for six months of operation of the hotel. Net income investors amounted to between £4,600 and £4,900. This income is fully consistent with the estimated income and yield investors around 6% net annual income.

The income for 3 years subject to foreclosure:
£9,735 + £12,435 + £14,634 + £11,000 = £47,804 (31.87%)

The buying process
• £5,000 - paid by the buyer to the account of the lawyers who control the transaction process.
• Solicitors prepare a contract between the developer and the investor.
• £145,000 when exchange of contracts and obtaining of property rights.

Location of the property on the map

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