Paramount Park is a state-of-the-art hotel development offering fantastic views and key transport links in London from £370,000.
Units from £370,000
8% Assured Annual returns for 3 years
Leasehold: 998 years
Hotel units are part of 535 acres of The London Resort- UK's top entertaining project opening 2024.
Project is classified by UK Government as Nationally Significant Infrastructure Project
Lease registered at Land Registry Dept
17 minutes by train from London Kings Cross/ St Pancras station, 40 minutes by river taxi from Big Ben / Westminster, just outside the M25 Orbital Motorway, Euro Star St.
Hotel units are 4-star category
Facilities include swimming pool, Gym and Spa
Facilities will be managed by Paramount Resorts, Radisson Blue or similar hospitality brands.
3 Types of Room views: Thames River View, Resort View and Garden View.
Room Size 24 Sq. m approx.
8 million visitors expected annually.
Paramount Hotel, part of the 535 acre The London Resort, the UK's top entertaining project opening in 2024, is an exciting new hotel development in Greater London, partnering Paramount Studios, ITV & BBC. Featuring Thames River views, Resort views and Garden views, the majestic project offers 8% assured annual returns for 3 years.
The four-star hotel, opening in time with London Resort Theme Park, featuring 18 acres of retail, dining areas, cinemas and theatres, is a fantastic opportunity to invest in Greater London's world-famous reputation as an entertainment capital. Selling hotel suites from £370,000, The London Resort benefits from its close proximity to key transport links including Kings Cross St. Pancras Station and the Eurostar.
To solidify its position as a place of luxury, Paramount Hotel's facilities include a state-of-the art swimming pool, gymnasium and spa. Located on Great London's Swanscombe, these combined factors make Paramount Hotel a fantastic opportunity to invest in the UK's tourism industry.
Reservation fee: £5,000
Exchange: 20% (less reservation fee)
Interim 1: 20% Start of construction (tentative Q2, 2021)
Interim 2: 10% (Q1 2022)
Completion: 50% (Q4 2023/Q1 2024)
WHY INVEST IN HOTEL PROPERTY?
Staycations are on the rise
The decline of the pounds value on the international market has allowed British tourism to rise and subsequently hotel occupancy has benefited from this. Data from the Great British Staycation, revealed that in 2018, 52% of 25-34-year old took holidays within the UK for the tourist attractions and financial benefits. The fears over Brexit, meaning VISA costs will be approaching to travel within the European Union and a rise in crime throughout Europe are some of the main reasons, UK has become a holiday hotspot. With staycations becoming more popular, the demand for UK hotels has risen, particularly outside of London.
The rooms are part of the hotel stock so will be serviced and maintained by the management company.
A hotel comes with no running costs and no need to find tenants. Operational hotels will offer an immediate income with no development risk.
In light of Brexit, corporate travel budgets are higher than ever.
Hospitality is a strong industry
The hotel industry plays a big part in UK economy reaching a total turnover of £98bn in 2017.
WHY INVEST IN LONDON?
Barclays and Lloyds Banking Group are among the banks with headquarters in London, making the city of London an economically safe place to invest.
The fifth largest economy in the world, London has a Gross Domestic Product of £580.7 billion promises an array of business opportunities to those willing to bring their knowledge and experience to the city.
The 2018-2022 prices are predicted to grow by 10.9% in Greater London and 8.8% in Central London.
With more 400,000 students in the city, London is home 40 higher institutions including UCL and Imperial College mentioned within the top ten universities in the world.
Approximately 75% of residents aged 16-64, are employed in London, outperforming the rest of the UK
The Elizabeth Line, connecting Heathrow to Essex, will drastically reduce central London commuting traffic, scheduled to be completed in autumn 2019. Expected to support 180,000 homes and create over 360,000 jobs, the demand for property is attracted buyers across the globe before the Elizabeth's Line impending completion.
Landmarks including Buckingham Palace, London Eye and St Paul's cathedral have contributed towards the city's £15 billion tourism industry.
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