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Bayswater hotel with development potential for sale

03 September 2010 by
Bayswater hotel with development potential for sale

A 122-bedroom hotel with considerable potential for development is available for sale in the Bayswater area of London.

The former Leinster Inn Hotel, which occupies six adjoining Grade II-listed townhouses in the middle of a 19th century terrace, has operated for many years as a hostel aimed at the backpacker market. It is currently owned by Carven Properties and recently ceased trading.

Offering a gross internal area of approximately 31,500 sq ft, the property has a number of communal areas.

The hotel is within walking distance of Notting Hill, Hyde Park, Marble Arch and Kensington Palace.

David Creamore, director at Christie + Co, who is marketing the property, said the purchase of the hotel would be a rare opportunity to acquire substantial freehold properties in central London with extensive development potential.

Berners hotels in London for sale for £60m >>

Gresham seeks £35m+ for the Park Inn Hyde Park Hotel >>

Britannia Hospitality buys the Stafford Hotel for £77.5m >>

By Janet Harmer

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