West India Dock Hotel, Canary Wharf, London

  • Investment level of £65,000
  • Projected minimum yields of 8.9%+
  • Development under construction
  • £43,000 below current RICS valuation
  • Approximately 65% non-status finance
  • Completion scheduled Q1 2013
  • Insurance protected deposit
  • £37,800 saving - developer pays VAT

Introduction

West India Dock Hotel, London

The West India Dock Hotel, London investment is within distance of the Canary Wharf estate.  Currently under construction, with purchases available at £43,000 Below Market Value (BMV).  Projected rental yields of 8.9%+ have been predicted by independent studies, and the developer is offering approximately 65% non status finance. This striking building will be completed to a 4* standard.  As the hotel will be managed by a world renowned brand, the largest hotel brand in the world, these hotel rooms provide a real “hands off investment”. The cafe, bar and reception areas will be housed on the ground floor with the 100 cover restaurant and the state of the art gym on the 1st floor.  The meeting rooms and conferencing facility will be found on the 2nd floor. The majority of the hotel accommodation will be provided on floors 3 to 14.  The standard rooms will be double rooms with wet bar, work station, state of the art multimedia and luxury bathroom suites. Canary Wharf spreads over 97 acres containing over 14.1 million square feet of office and retail space.  August 1991 witnessed the first tenants for Canary Wharf and it now accommodates over 100,000 people working throughout the estate.  

Location of West India Dock Hotel

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