7-11 Kensington High Street, London W8

Prime Central London hotel led freehold investment overlooking Kensington Gardens

• Attractive mid-terrace, period buildings arranged over

• lower ground, ground and up to five upper floors

• Located moments away from Kensington Palace and

• the Royal Albert Hall

• Comprises a 28 bedroom hotel and two restaurant units

• totalling 16,196 sq ft

• Mixed use investment with 67% of the contracted

• income receivable from the hotel

• Located within a short walk of six of London’s most

• popular tourist attractions

• Long income WAULT of 18 years

• Total annual passing rent of £776,797 pa

• Opportunity to extend the hotel footprint by addressing

• the massing potential of the site, subject to planning

Offers are invited in excess of £12,000,000 (Twelve Million Pounds), which reflects a net initial yield of 6.06%, assuming purchaser’s costs of 6.8% and a capital value of £741 psf. Assuming a yield of 7% on the restaurant element, this produces a price per key of £305,000.