Names: Holiday Inn Express, Ealing; Seraphine Hammersmith Hotel (Sure Hotel Collection by Best Western), Seraphine Kensington Olympia Hotel
No. of Keys: 80, 62, 40 – 182 in total
The Properties: The three hotels – one owner,
Holiday Inn Express (HIE) opened November 2015, planning consent approved in principle for a further 27 rooms. Seraphine Hammersmith – 45 rooms freehold, 17 rooms short leasehold; Seraphine Olympia – 25 rooms freehold, 14 rooms short leasehold.
Main Photo: The Holiday Inn Express Ealing, three-star
Tenure: HIE Ealing – Freehold, the other two Freehold, part Leasehold
Brand/Management: HIE Ealing franchise agreement in place to September 2033; Serpahine Hammersmith (four-star) brand-free from December 2021; Seraphine Olympia – brand-free.
Current Owner: Private family
Yield/Financial: Accounts for past three years available on signing NDA. Substantial rental income from retail outlets at all three hotels. Trading analysis available at all three hotels.
Guide Price: TBA
Date Posted: June 2019
Agent: Christie & Co
THPT Comment: Unusual to find three hotels of this size and shape in West London….useful locations
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This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.