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£12,950,000

The Oyo Hotel, North Finchley, N12

  • 0 beds
Other

£12,950,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£59,119 per month

Minimum deposit amount:

£647,500
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Hotel Investment / Development opportunity

Purpose built hotel with existing income, asset management angles and further development potential.

Opportunity to acquire an existing purpose built, 88 bedroom hotel with onsite parking and a 120 cover restaurant.

The hotel is let for a further 10 years and offers a tangible opportunity to increase area and room count or to repurpose to an alternative use.

GIA 32,974 sq ft/ 3,063 sq m (all rooms measure c. 21 sq m).

North Finchley is situated in the London Borough of Barnet, less than 10 miles from Central London.
It offers a diverse mix of commercial, leisure, and residential spaces. The town benefits from excellent transport links, with three underground stations providing direct access to the City in less than 30 minutes. It offers strategic road connectivity, including the A1, M1, and M25 for access to the national motorway network, as well as the A406 North Circular for convenient travel around London.
There are also three international airports (Heathrow, Luton, and Stansted) within an hour s drive time.

Freehold
EPC C

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£59,119 per month
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Stamp Duty tax
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£1,465,250
Mortgage and legal costs:
£999
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