Exclusive Offering

Grand Plaza Serviced Apartments, 42 Princes Square, London, W2

An exceptional opportunity to acquire the freehold of a profitable aparthotel in central London that has significant scale and value-add potential.

KSh 18B

(£100,000,000)

Grand Plaza Serviced Apartments, 42 Princes Square, London, W2

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Investment Summary

Grand Plaza is located in the heart of Bayswater, in London's West End, within the City of Westminster. The building occupies a prominent position between the gardens of Prince's Square and Kensington Gardens Square. The Bayswater area is bordered by Notting Hill to the west, Marylebone to the east and Paddington and Hyde Park to the south. Premier serviced apartment hotel in the heart of Bayswater. Exceptional location near Hyde Park with consistent high occupancy and strong corporate demand.

Property Details

area105,355 sqft

bedrooms198

occupancy92%

location42 Princes Square, W2

yield7.5%

appreciation8% p.a.

Key Features

Freehold Vacant Possession

198 self-contained serviced apartments

A rare freehold opportunity in central London

Business turnover in excess of £12.5m net of VAT

Highly profitable business model with consistent NOI margin of between 50%-53% achieved over the last three years

Potential to increase ADR from £196 to £280+ net of VAT subject to repositioning and a capital improvement plan

To be sold with vacant possession free from branding and management

Conveniently positioned between Notting Hill and Marylebone

Prominently located on Prince’s Square, with excellent transport links including Bayswater (0.2 miles), Queensway (0.4 miles) and Paddington station (0.6 miles)

Combination of studios and two and three bedroom apartments, which all include a kitchenette

Average apartment size of 28 sq m

Restaurant with 85 covers

Total gross internal area of approximately 105,355 sq ft

Grade II listed

Investment Returns

Annual Yield

7.5%

Monthly Income

KSh177.1M

Annual Income

KSh2125.000M

Total ROI

15.5%%

Capital Appreciation

8%% p.a.

Market Position

Occupancy92%

Asset GradeInstitutional

Private Consultation

Arrange a confidential discussion with our investment advisors

+254 115 277 610

investments@murivest.co.ke

Available globally for qualified investors

Available exclusively to qualified investors. Subject to regulatory compliance.

Property TypeHotel

Investment GradeInstitutional

Listing StatusAvailable

Investment Timeline

Due diligence and transaction completion typically requires 45-90 days for institutional investors.

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All investment opportunities carry inherent risks. Projected returns are estimates based on current market conditions. Past performance does not guarantee future results. Available to accredited investors only. Subject to regulatory compliance and comprehensive due diligence.