Park Grand Paddington Court London 27 Devonshire Ter
202 Room Hotel London W2 3DP $91,074,683 ($450,865/Room)
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.
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.
PROPERTY FACTS
| Price | $91,074,683 |
| Price Per Room | $450,865 |
| 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 |
| No. Stories | 5 |
| Year Built/Renovated | 1900/2019 |
| Tenancy | Single |
AMENITIES
- Business Center
- Fitness Center
- Restaurant
- On-Site Bar
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 202 | $260.21 | - |
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