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Golders Park Hotel, Golders Green Road, London NW11

Freehold Investment Opportunity
  • Freehold investment opportunity.
  • Extremely well located:

- 0.4 miles to Golders Green Underground Station (Northern Line) & National Bus / Coach Terminal.

- Within easy reach of Central London.

- The numerous retail & restaurant amenities on Golders Green Road.

  • Comprising 4,651 sq ft GIA plus off-street parking.
  • A hotel providing 18 en-suite bedrooms arranged over ground, first and second floor.
  • The property is let until 22nd July 2029 (5.86 years unexpired) on a Full Repairing and Insuring lease and benefits from stepped rental increases throughout the lease.
  • The current passing rent equates to only £85 per week per room and £94 per week per room at the maximum rent in the lease.
  • Opportunities and ability to add value upon expiry of the lease through repositioning or asset management.

Offers are sought in excess of £1,500,000 (One Million Five Hundred Thousand Pounds), subject to contract. A purchase at this level reflects a very low capital value of £322 per sq ft.

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