Location: Directly off the Baywater Road, London W2, England, UK
Guide Price: £21M
No. of Keys: 70
The Opportunity: A well-known tourist hotel, which has been trading for many years, has just become available, in a smart road off Baywater Road, a stone’s throw from the new Six Senses/The Whiteley development due to open in 2023. Although in good decorative order, the hotel is ripe for a full refurbishment/rebrand to take it to true four-star status.
Main Picture: The Whiteley development, very close to this hotel
Current Owners: Private hotel group with other hotels in London
Flag and Management: Free to new owner
Financials: 2019 financials available after LOI/EOI
Agent: Local agent in partnership with THPT
Guide Price: £21m
Guide Price per Key: Just shy of £300k
Date Posted: January 2021
THPT Comment: Fab opportunity to secure this hotel in what will be the next up and coming area in West London, with The Whiteley development and Paddington Basin just around the corner. We have a handful of other hotels available in the area.
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This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.