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Commercial Property of the week

Commercial Property Of The Week

28.10.19

A superb investment opportunity to acquire 60 room freehold hotel ideally situated in the heart of prestigious Kensington, widely recognised as one of London's finest addresses for £30,000,000. The hotel is perfectly located for guests to enjoy the sites and amenities of Kensington, Knightsbridge, Notting Hill and Chelsea. A short distance away are the Natural History, Science, and Victoria and Albert museums, the Royal Albert Hall, Hyde Park, the famous Portobello Road market, Harrods, Harvey Nicolls and flagship stores of many of the world's leading fashion houses. Travel into central London and the West End is quick and easy with 1 Lexham Gardens being served by Earl's Court, Gloucester Road and High Street Kensington London Underground stations together with an excellent bus service.

The hotel has a current floor area of approximately 17000 square feet. Planning permission was granted in 2010 (now expired) for an additional 22 bedrooms, conference room, gym and offices. A new planning application is currently in progress to create a further 31 bedrooms and office space, increasing the total floor area by an additional 8000 square feet.

rightmove.co.uk

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