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Other in London, England 10904814
Other in London, England 10904814
Other in London, England 10904814
Other in London, England 10904814
6.5M
USD - $

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Commercial
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The grade II listed property comprises a four-storey 15-bed 3-star hotel. Planning for internal alterations to the existing hotel to create two further bedrooms. We have been instructed to sell the long leasehold interest in the heart of Marylebone with vacant possession (on completion). The grade II listed property comprises a four-storey 15-bed 3* hotel. The surrounding area comprises a mix of residential and commercial use with quality shops & restaurants and is within a short walk of Oxford Street, Hyde Park, and Marble Arch. The property is currently operated as a hotel offering a selection of modern double, twin, triple and single rooms. Most rooms have ensuite facilities, and there is the potential to reconfigure the ground floor reception room and lower ground breakfast room and kitchen to provide two additional bedrooms. Tenure 113.5 years from 24th June 1986 (approximately 77 years remaining). The ground rent is currently £400 p.a. (rising by £200 every 25 years). Rateable Value £60,500 Price We are instructed to seek offers in excess of £5.2m for the long leasehold interest with vacant possession on completion. You will be required to sign a simple NDA to know the hotel. Features Features: Ensuites Furnished Grade ll Listed Parking

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Charlee Jo Hanks
Charlee Jo Hanks
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Charlee Jo Hanks
Languages: English, Portuguese

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