Wembley Hotel, London HA9 Year 1 projected yields of 10%+ Development under construction £55,000 below current RICS valuation Approximately 60% non-status finance Completion scheduled Q2 2012 £55,000 deposit - insurance protected Developer pays VAT - £28,000 saving Units priced from £140,000 Introduction Knight Knox International are proud to offer this exceptional 28% Below Market Value (BMV) London hotel investment within close proximity to Wembley Stadium and Wembley Arena. The £55,000 saving is further complimented by approximately 60% non status finance and projected rental yields of 10%+. The hotel will be arranged over 10 floors and will comprise of 237 bedrooms, restaurant, bar, conference space and a residents gym. The hotel site has been cleared, with development work well underway. Completion is scheduled for Q2 2012. The exceptional 4* hotel will be managed and operated by Park Inn, Europe’s largest mid-market hotel operator, providing a ‘hands off’ investment under the signed 20 year management contract. The hotel company will be branded ‘Park Inn by Radisson’ and will operate under the umbrella of the larger hotel group Rezidor. The Rezidor group is one of the fastest growing hotel companies in the world, with 404 hotels in 62 countries. Other well-known hotel brands operating under the same company umbrella include Hotel Missoni and Radisson Blu. Park Inn focuses on business and leisure travellers offering dependability, friendly service and modern attractive facilities at excellent value in convenient locations. This hotel can meet the demand from the normal business sector during the week but has the added benefit of a range of sport and leisure events at the weekends held at nearby Wembley Stadium and Wembley Arena. The key regeneration project in the area is Wembley City which is being delivered by the owner Quintain Estates & Development PLC in partnership with Brent. Work has already commenced in the area around Wembley Stadium which includes the building of retail, leisure and residential developments. Location London has the most international visitors of any city in the world. The hotel site is located less than 300 meters from both Wembley Stadium and Wembley Arena; both will feature as venues during the 2012 London Olympics. The Olympic Stadium is approximately 5 miles from the hotel. Wembley Stadium has an active year round event schedule and is one of the UK’s most prestigious sporting venues. Wembley Stadium has a capacity of 90,000 and hosts all major English football matches and large music events. Wembley Arena has a capacity of 12,500 and hosts 150 events annually. The hotel is at the corner of Olympic Way and Fulton Road. Olympic Way is the key pedestrianised walkway from the Underground Station to Wembley Stadium and Arena – the urban design funnels visitors towards the site and iconic Wembley arch. The hotel will be a prominent landmark on the key route to Wembley. There are excellent transport links in and around Wembley with good access north and south and three airports within 20 minutes’ drive offering an enormous network of national and international routes. The hotel site has an excellent, prominent location close to Wembley Park Underground and Wembley Stadium Railway Station. Key visitor attractions in London are all accessible from Wembley and are located within a 13 mile radius. Financials London’s hotel market is one of the strongest in Europe in terms of Revenue per available room (RevPAR) continuously outperforming Madrid, Rome, Brussels, Berlin and Amsterdam in recent years. This exceptional investment entitles investors to secure prime London real estate £55,000 below current RICS valuation (approximately 28% BMV). The investment return is calculated upon a share of the profit accumulated from all areas of the hotel operations (to include the restaurant, conferencing facilities, food and beverage), based on room type and usage. The hotel is projected to yield minimum returns of 10%+ in year one and has the advantage of being SIPP compliant. The rooms are purchased with a 199 year lease and offer non status finance to approximately 60% of the purchase price. The VAT payable upon the purchase price of the room is paid by the developer, thus saving the investor an additional £28,000. Purchase Process Day 1 - £5,000 to reserve On exchange of contracts - £50,000 payable On Completion (Q2 2012) - £85,000 non status finance will be available Security In light of recent economic times, Knight Knox understands that now more than ever, security of funds takes president over any other aspect of the purchase. Park Inn Wembley boasts an exceptional, rarely seen level of safety and security upon all funds paid by the investor. The reservation fee and the deposit paid prior to exchange are sent directly to the client account of your representative solicitor. Upon the exchange of sale, an Insurance Bond is activated prior to any monies being forwarded to the developer. Should the hotel construction fail to complete, the Insurance Bond permits a full refund of monies. This phenomenal opportunity provides every investor the facility to relax, safe in the knowledge your funds are fully protected throughout the hotels construction phase. The hotel has full planning permission (Section 106 Agreement signed). The developer is very experienced in the construction field and has previously built a hotel. Initial feasibility study by respected and independent consultant Wembley was singled out by The London Tourist Board and London First as one of the three most promising locations for hotel development in London Contact us for more information or to speak to a consultant... body { background: #FFF; }