Choose your country

Or view all businesses for sale



Serviced Accommodation Portfolio In Central London For Sale

Central London, London
Asking Price:
£144,995 Furniture / Fixtures included
Sales Revenue:
£1M - £5M
Cash Flow:
Available on request

GPS are thrilled to present a rare but lucrative opportunity to purchase a Portfolio of 8 luxury Serviced Apartments.

Located just a two minutes’ walk from the nearest tube and the O2 Arena, our waterfront serviced apartments boast a mix of innovative architecture, restaurants and bars, and a revolving cultural programme.

The O2 arena has the capacity to hold 20,000 people for sell-out shows and world class events.
Whats on at the O2 arena:

• The worlds most popular music concerts
• Theatre shows
• Musicals
• Comedy shows
• Boxing matches
• Mixed martial art fights
• Professional tennis competitions
• Bowling alleys
• Trampoline playgrounds
• Free-diving
• Multi-cinema
• A great selection of bars, restaurants and shops

The development is just a 10 minute walk from Europe's largest financial centre; the Canary Wharf, a 10 minute cable car to the London Excel, 15 minutes from London City airport and 4 tube station stops away from the London Bridge tube station (City of London).

These serviced apartments are ideally placed to meet demand from visiting professionals and tourists, offering spacious, comfortable alternatives to hotel rooms. This rapidly growing niche in the accommodation sector has been driven forward by companies such as Air BnB and with more and more people preferring the benefits of having more space than a hotel room and a home from home experience.

According to Colliers International, London is the largest Air BnB market in Europe, with the number over overnight stays increasing by 45% in 2017 to 6.7 million. (National Landlords Association - Winter 2018).

The UK serviced apartment sector achieved an outstanding 81.7% occupancy level in 2017 and the average daily rate (ADR) rose 5.4% to £148.48. As demand for these properties continues to increase across the United Kingdom these rates are predicted to grow rapidly. (GSAIR – The Global Serviced Apartments Industry Report 2018-2019)

Serviced Accommodation Portfolio includes:

2 x Two Bedroom Apartments
3 x One Bedroom Apartments
3 x Manhattan Studio Apartments

Below is an average financial breakdown.
Please contact us for a full financial breakdown that includes a breakdown of figures per apartment.

Average Monthly Figures for 8 Serviced Apartments:

80% Occupancy Rates @309 per night = £60,152.00
Management Costs @20% = £12,030
Rent to landlord = £23,000
Bills (Variable) = £2,700
NET monthly income = £22,421.60
NET yearly income = £269,059.20
NET full-term income over 5 years = £1,345,296.00

Packaging fee for total of 8 apartments = £144,995.00

Packaging fee includes 8 apartments being fully furnished and soft furnished to a high standard.

We are offering two bedroom, one bedroom and Manhattan studio apartments that are fully furnished and includes access to a modern gymnasium, indoor pool and spa. Each guest staying will be able to take advantage of 10% plus discounts on bars, restaurants and facilities within and outside of the O2 Arena and the term time for these luxury apartments will be for five years.

Property information




Central London

Other Information

Home based:
This business can be run from home.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

  2. What will I receive? is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here