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London, London, England, W2

2018-01-05 00:00:00
3325
Reference number: REF202627
30,000,000 £
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Location details
City
England
Address
London
Posted
Jan 05, 2018
Additional information
Reference Number
REF202627
Title
Westbourne Terrace, London W2
Description
Freehold hotel investment / development opportunity comprising of 68 en-suite rooms over seven floors plus an additional mezzanine level between the first and second floor in the main building, and a four storey rear extension and roof terrace.The building has been in continuous use as a hotel since its construction in the mid 1960\'s and also contains a large guest dining room, bar and lounge, ground floor lobby and reception, offices, catering standard kitchen and additional staff and storage rooms.Originally constructed in the 1840\'s as two large family homes within one of the area\'s most iconic terraces, the buildings were converted into their current hotel format in the mid 1960\'s.The original Grade II listed stucco facade including the attractive Portico entrances, first floor balconies with period ironwork and plaster detailing were retained, reinforced and pinned onto a modern steel frame structure.• C1 Hotel license• Freehold• Grade II listed facade• Attractive portico entrance• First floor front aspect balcony• Rear roof garden• 68 en-suite rooms• 204 bed capacity• 7 storeys with 4 storey rear extension• Lift access• 10 off street parking spaces• In operational condition• 26,071 sqft gross internal area• Vacant possession from June 2017• Guide price: £30,000,000 subject• to contract• VAT is applicable
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