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Central London (Soho) Hotel Development Opportunity

London, United KingdomUnlock address

77%

Offers invited

Hotels & Resorts

#35197

Value-Add

14 Oct 2024

Property Details

Broker

For sale

200

Leasehold

Vacant

2 restaurants, 2 bars, guest lounge, gym, 2 retail units

X

Fees

0.00 %

0.40 %

0.10 %

0.30 %

Investment Overview

The Property benefits from full hotel planning consent for 194-bedrooms (currently drawn as 200-bedrooms) within an undersupplied micro-location. The Hotel is offered with vacant possession allowing a purchaser to capitalise on the full branding and operational flexibility. Potential to reconfigure the existing scheme to increase room count and/or alter the current lifestyle positioning, on a subject to planning basis. The current hotel scheme, designed by award winning EPR Architects, totals 13,606 sqm / 146,453 sqft GIA across two basement floors, ground and seven upper floors and comprises 200-bedroom hotel (C1 use), two restaurants, two bars, a guest lounge, gym and two retail units (A1 & A3/4).