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Panda House 628-634 Commercial Rd 59 Room Hostel London E14 7HS £10,000,000 (£169,492/Room) 8.73% Net Initial Yield
Investment Highlights
- Close to Limehouse Station, offering quick access to the City and Canary Wharf.
- Option for vacant possession or pre occupied sale.
Executive Summary
The building is comprised of 59 En-suite rooms on an island site with a strong frontage. Lapsed planning consent for 109 rooms.
There is the option for vacant possession sale or retain the current lease which produces £873,000 P.A untill 2029.
There is the option for vacant possession sale or retain the current lease which produces £873,000 P.A untill 2029.
Property Facts
Amenities
- Time Share
Room Mix Information
| Description | No. Rooms | Daily Rate | sq ft |
|---|---|---|---|
| Guest Room | 59 | £52.00 | - |
1 1
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Panda House | 628-634 Commercial Rd
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