Old Oak Common Lane Hotel | 93 Old Oak Common Ln
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Old Oak Common Lane Hotel 93 Old Oak Common Ln
129 Room Hotel London W3 7DJ £5,500,000 (£42,636/Room) 2.08% Net Initial Yield
Investment Highlights
- Full planning consent granted for 129 keys
- Scope for additional massing
- VP achievable on 6 months' notice
- Freehold
- Scope for alternative uses STP
- High-quality scheme
Executive Summary
PLANNING CONSENT GRANTED FOR A NEW 129 BEDROOM HOTEL WITH SUITABILITY FOR ALTERNATIVE USES
• Situated in East Acton (Zone 2), in a prominent
position on Old Oak Common Lane.
• Excellent transport connectivity:
o 200m from East Acton Underground
Station (Central Line).
o Close to the new Old Oak Common
Station (Elizabeth Line & HS2).
• The existing building comprises 14,682 sqft of
offices, Class E (Snooker Hall), Class E (Retail)
and warehouse space retail and warehouse
space.
The building remains fully let and
produces an income of £114,215 per annum.
• Vacant possession is achievable with 6 months
notice.
• Full planning consent is granted for a new
build scheme to create a 129 bedroom hotel.
The consented envelope is 42,248 sqft GIA
arranged over 2 basements and 5 upper-floors.
• Planning reference: 220178FUL.
• Further feasibility studies have been carried
out for an additional storey providing a further
18 bedrooms.
• Opportunity may be suitable for a co-living or
Student Accommodation scheme, subject to
the necessary consents.
• The site is in an area of significant regeneration.
• Freehold.
• Situated in East Acton (Zone 2), in a prominent
position on Old Oak Common Lane.
• Excellent transport connectivity:
o 200m from East Acton Underground
Station (Central Line).
o Close to the new Old Oak Common
Station (Elizabeth Line & HS2).
• The existing building comprises 14,682 sqft of
offices, Class E (Snooker Hall), Class E (Retail)
and warehouse space retail and warehouse
space.
The building remains fully let and
produces an income of £114,215 per annum.
• Vacant possession is achievable with 6 months
notice.
• Full planning consent is granted for a new
build scheme to create a 129 bedroom hotel.
The consented envelope is 42,248 sqft GIA
arranged over 2 basements and 5 upper-floors.
• Planning reference: 220178FUL.
• Further feasibility studies have been carried
out for an additional storey providing a further
18 bedrooms.
• Opportunity may be suitable for a co-living or
Student Accommodation scheme, subject to
the necessary consents.
• The site is in an area of significant regeneration.
• Freehold.
Property Facts
Amenities
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 129 | £87.00 | - |
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Old Oak Common Lane Hotel | 93 Old Oak Common Ln
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