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Businesses For Sale   >>   Hotels Businesses For Sale

The Current 3 Star Hotel - Kensington

Location  United Kingdom
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1995
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Owned

Description  
The current, recently refurbished three-star hotel, located in two buildings, in the centre of London (Kensington). Four floors. The area of each building about 465 sq.m Elevator. 25 rooms, all with private bathroom. The hotel is open 24 hours a day, seven days a week. The hotel is located on the Holland Road, Kensington Olympia, in the heart of Central London. Five minute walk to Holland Park. Shopping centers in two steps away from the hotel. Also nearby are all the main attractions of the British capital. Heathrow airport is 25 minutes away. The nearest train station is at a distance of several metro stops. Freehold. The occupancy rate over 90 %. Annual income - 700 000 GBP. The current room rates: double room - 105 pounds per night, triple room - 150 pounds per night. The hotel is for sale with the services of a management company or without them. The documents are ready to deal. The Commission fee and cost of registration are not included in the price of the object. The cost of the hotel - 5 500 000 GBP.


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