Discounted Hotel Rooms in superb location with profit share operated by a major hotel brand providing "hands off investment"

West India Dock Hotel

Principal International are delighted to offer this exceptional opportunity for investors within the London hotel sector. This hotel investment is offered at substantially below the RICS valuation and rewards the purchaser with a share of the profit accumulated from all areas of the hotel operations, based on the room type and usage, including the restaurant, conferencing facilities and food and beverage.

Clients can reserve a unit for just £5,000 and can take advantage of the non status finance available at approximately 65% of the purchase price. The rooms are projected to produce returns of  9-10% and are  purchased with a 999 year lease. We are advised that this project is SIPP positive although approval is required from individual SIPP providers. VAT will also be paid for the investor providing purchasers with a saving of £32,375.

These hotel rooms offer a truly "hands off investment" as this striking building will be the Holiday Inn Docklands and completed to a 4* standard. Investors can be reassured that their hotel room will be managed by Intercontinental Hotels Group, a world renowned brand and the largest hotel brand in the world.

This hotel will be a landmark building set on the environs of Canary Wharf and will be arranged over 17 floors. The Canary Wharf area approaches a hundred acres in size and is home to a thriving bank and business and retail sector set in 14.1 million square feet of office and retail space.

The hotel will offer 252 rooms with the majority of the accommodation being arranged over floors 3-14. The ground floor will be home to reception areas in addition to a café and bar. Conference facilities and meeting rooms will be located on the second floor and a restaurant and state of art gym on the first floor.

Completion is targeted for the 2nd Quarter of 2013. The Olympic Village is just 15 minutes away, which is expecting 500,000 visitors during the 2012 Olympics and this will surely raise awareness of the area and enhance the 90% occupancy rate achieved by all the Holiday Inn properties (central and greater London, excluding airport properties) in 2009.

Hotels within the Canary Wharf area enjoy excellent occupancy and achieve room rates in excess of the predicted rates used in the financial example. This has been identified by the valuation report but also confirmed by our own research.

As you would expect availability on this project is strictly limited, purchasers can choose between double standard rooms or 56 executive rooms. We would recommend investors act promptly to take advantage of exceptional opportunity.

Intercontinental Hotel Group (IHG) have entered into contract with the developer to manage the hotel on a 20 year term. IHG are in no way associated with the investment offered and are only acting as operator for the scheme. All figures quoted are from the developer and IHG have not provided, checked or otherwise authorised the release of such figures.

The exclusive rights to the name, trademarks and associated images of “Holiday Inn Express®” are owned by an affiliate of InterContinental Hotels Group (“IHG”). IHG is not the owner, developer, operator or promoter of this hotel, will not operate the hotel, nor is it affiliated with the developer or otherwise acting in any capacity in relation to this investment opportunity other than as the owner of the Holiday Inn Express® names and trademarks. The hotel and this investment opportunity is owned and promoted by KHF who have entered into a hotel franchise agreement with IHG to use the Holiday Inn Express® brand at the hotel. IHG has not prepared these materials, does not endorse this investment opportunity or any investment information contained herein, has not reviewed any financial statements or forecasts, nor does it accept responsibility for any of the statements herein or any matters relating to the proposed investment.