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Park Plaza, County Hall, 1 Addington Street, London, SE1

  • Studio
  • 0 Bathrooms
  • £320,000
  • Leasehold

PROPERTY DETAILS

Property Ref: WMS180032

See this unique investment opportunity in the heart of Westminster. Offering Net yields of around 6.5% for an investor. This this 'hands-off; investment works as a commercial unit therefore entailing lower stamp-duty land tax costs.

The illustrious Park Plaza hotel, located on Westminster Bridge Road, boasts Wi-Fi to each room as well as premier private guest facilities, which includes an indoor heated swimming pool, gymnasium and health spa. Occupying a prime position just moments from the London Underground network, the hotel is also within easy reach of a host of fine dining facilities as well as some of London’s finest cultural attractions such as The Houses of Parliament and London Eye to name but a few.

This particular unit saw a net return on average over the last 3 years of £21,665 per annum. Please do get in touch for further return breakdowns and development brochures.

PLEASE NOTE: These particulars are only a general outline for the guidance of intending purchasers or lessees and do not constitute in whole or in part an offer or a Contract. Reasonable endeavours have been made to ensure that the information given in these particulars is materially correct but any intending purchaser or lessee should satisfy themselves by inspection, searches, enquiries and survey as to the correctness of each statement. All statements in these particulars are made without responsibility on the part of LiFE Residential or the vendor or lessor. No statement in these particulars is to be relied upon as a statement or representation of fact. Nothing in these particulars shall be deemed to be a statement that the property is in good repair or condition or otherwise nor that any services or facilities are in good working order.

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