• Broker Colin Hall 02073446627

Park Grand Paddington Court London 27 Devonshire Ter

202 Room Hotel London W2 3DP £70,000,000 (£346,535/Room)

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INVESTMENT HIGHLIGHTS

  • Upscale Hotel with 231 letting bedrooms
  • Completely free of flag and management
  • Tripadvisor ranking #127 out of 1130 hotels in London (as of May 2024)
  • Restaurant, bar and gym. Two guest lifts
  • Superb location just a short walk from Paddington station
  • Rare opportunity to obtain hotel of scale within a mature London market

EXECUTIVE SUMMARY

A rare and exceptional opportunity has arisen to acquire the freehold interest in the Park Grand Paddington Hotel, a prestigious upscale hotel situated in one of London's most desirable locations.
This highly sought-after asset offers investors the chance to acquire a well-established hotel in a prime position, within close proximity to Paddington Station, Hyde Park, and the vibrant neighborhoods of Bayswater and Notting Hill.
Offers are invited in excess of £70,000,000 for this unique investment opportunity. For further information or to arrange a viewing, interested parties are encouraged to contact the selling agent.

ATTACHMENTS

Park Grand Paddington Court Brochure

PROPERTY FACTS

Price £70,000,000
Price Per Room £346,535
Sale Type Investment
Tenure Freehold
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.31 AC
Building Size 82,062 SF
No. Rooms 202
Number of Floors 5
Year Built/Renovated 1900/2019
Tenancy Single

AMENITIES

  • Business Centre
  • Fitness Centre
  • Restaurant
  • On-Site Bar
  • Meeting Event Space

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 202 £200.00 -

Map of 27 Devonshire Ter London, LND W2 3DP

ADDITIONAL PHOTOS

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