London Hotel Group Given Green Light for 221-Room Aparthotel
Date: April 2018
Location: Tooting High Street, South West London, UK
Name: TBA planned to be 4 star, to open August 2020
No. of Keys: 221
Seller: Tooting Constitutional Club,the buildings and external areas have sat vacant since 2013. Operator to be announced.
Buyer: LHG – London Hotel Group, who acquired the site in last August with an existing planning consent for 45 residential units. The 40,000 sq ft development will occupy a vacant half-acre brownfield site on Tooting High Street.
Price: £40m development (incl land?)
THPT Comment: This interesting hotel company, who choose to keep a low-profile, has a unique approach to locations – the lesser known (for hotels) periphery areas of London – Peckham, Croydon, Wembley, Leyton and now Tooting, with Crystal Palace and Greenwich under construction – only a London taxi driver would know these locations! But well-done I am sure they are all crying out for a decent hotel. The company has chosen Best Western and Accor Ibis as brands.
First Seen: The Caterer