| TOP (273) :Europe (96) : United Kingdom (3)
130+ Room 5 Star Historic Hotel in London, UK
| Property Group | Commercial | | Property Type | Hotel or Resort | | Price | GBP 450,000,000
For Sale |
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| Location | London | | Nearest City | London |
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| | For further details contact
The Gray Rider Real Estate Co.
John Wallace
143 Longview Drive
Chatham, 12037, NY
United States
Phone: +1-518-392-7062
Fax: +1-877-875-5704
http://www.worldrealtynews.com |
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REF: Eduardo-33
This privately owned grand hotel recently completed a major refurbishment which has combined the most modern technology with traditional elegant surroundings. The 130+ guest rooms have been completely renovated and redecorated to recapture their original splendor. Fabrics have been woven to order, and furniture restored or commissioned from England and France. All guest rooms offer dual voltage (110v and 240v) electricity, voice mail, ISDN line, and fax modems. Further improvements in the hotel include the addition of a fitness room, business bureau, and hairdressing salons.
Described as one of the prettiest dining rooms in Europe, the elegant dining room/restaurant offers modern British cuisine and outstanding service with a smaller restaurant that serves afternoon tea daily. The restaurants have undergone a major renovation to provide beautiful surroundings for business and pleasure alike.
The hotel has a fitness room, exclusively for hotel guest and it offers a full range of exercise equipment. Jogging is enjoyed in the Adjacent Green Park.
The hotel offers Five private dining rooms that accommodate up to 100 people.
The complete package includes:
) The name of the hotel (including the casino premises at a proposed rental income of £3.5M per annum) Freehold.
2) another building on Arlington Street (Freehold).
3) Leasehold on another historic building (approximately 90 years unexpired).
4) World-wide ownership of the protected brand name (except Paris and Madrid).
This hotel is listed by one of our International Real Estate Partners who specializes in hotel and resort listings throughout the world. This listing, as with most of his listings, is a confidential listing and no additional information will be provided without the submission of verifiable proof of the buyer's ability the purchase a hotel or resort property in this price range.
The POF must state and confirm that the potential buyers are in the position to finance a purchase of £450m (four hundred and fifty million UK pounds), it should preferably be from their bankers or from their accountants, hopefully a recognised firm. Also, it should include some brief details of how the purchase will be financed, i.e. mix of cash and loans, etc., available funds in place, and who will provide/guarantee the loan or loans.
Both a Letter of Intent and Proof of Funds letters need to be hard originals sent by courier to the sellers solicitors. It would be highly inappropriate to present computer printed scanned copies or faxes to the Sellers. To save time, however, scanned copies of the LOI and POF can be emailed to check before we present the originals, this way we can ensure that the final drafts are suitable; nothing will be presented until approved by the buyers.
Qualified buyers only please. |
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