Property ID : 4002
For Sale £149,000.00 - Hotel, Investment Property
If you’re looking for a unique property investment in London, then look no further. The new Ibis Styles Greenwich Peninsula Hotel is a superb new investment opportunity, perfectly located in the very heart of one of the world’s most popular and vibrant cities.
A development totalling 50 bedrooms on the popular Greenwich Peninsula, the new Ibis Styles Hotel will offer easy access to the 2 million visitors a year to the O2 Arena, plus the business traveller working in and around the Canary Wharf area of London.
For investors, the new Ibis Styles Hotel aims to return an average of 8-11% net per annum, with the first year offering a guaranteed rental income of 8% net. The development also offers a defined exit strategy via a developer buy-back option in year 5, with a 10% uplift on the original purchase price.
Ibis Styles Hotel – Investment Highlights
- 7% Assured rental return for 5 years
- Invest from only £149,995
- Prime Zone 2 London
- Walking distance to world iconic O2 Arena
- Fully managed
- Escrow linked payment plan
- Defined exit strategy
Ibis Styles Hotel – Location in London
Key to the success of this new £8 million development will be the hotel’s exceptional location on the Greenwich Peninsula, which offers visitors easy access (10 minute walk) to the iconic O2 Arena and its 2 million visitors every year. Today, the O2 Arena is a multi-billion pound entertainment venue, including not only one of the world’s leading concert and stage venues, but also an array of shops, bars, cafes and restaurants.
The iconic city of London is one of the world’s most popular tourist destinations, and last year alone the city attracted over 12 million domestic visitors and 15 million overseas visitors in 2013, excluding day visitors. Together these contributed almost £13 billion to the local economy.
Ibis Styles Hotel – Unit Specification
- Fully furnished
- En-suite shower room with boutique styling including
- porcelain tiles and designer fittings
- High quality furniture including
- luxury double bed
- Floor to ceiling black out curtains
- Wall hung LCD TV
- High speed 100MB broadband
- Secure entrance door with swipe access
Ibis Styles Hotel – Facilities
- 24 hour security
- Lobby with 24 hour reception
- Spacious dining area
- Hot food kitchen
- Laundry facilities
- Car parking available
Ibis Styles Hotel – Management
With an average 82.4% occupancy in 2014 and demand growing, the London hotel market has seen significant growth in recent years. Development activity has occurred in all hotel categories although the majority of activity has taken place in the economy and four-star segments. The Ibis Styles Hotel will be managed by Interstate Hotels and Resorts.