Two unbranded London hotels on the market for over £110m

Two high-profile unbranded freehold London hotels have been put up for sale with a combined price of over £100m.

Colliers is marketing the Park Grand Paddington Court and the Park Grand London Hyde Park (pictured) for sale either individually or as a package.

Both hotels are located just minutes from Paddington Station and have no brand or management ties.

The Park Grand Paddington Court is on the market for offers in excess of £70m. It features 231 rooms, a restaurant, bar, gym and two guest lifts.

The Park Grand London Hyde Park includes 119 rooms, a restaurant, bar and 12 car parking spaces, and is on the market for offers in excess of £40m.

Colin Hall, from Colliers’ Hotels team is handling the sales on behalf of a private owner.

Hall said: "Both properties offer investors a rare chance to acquire well-established hotels in one of London’s most dynamic markets.

“With no existing brand or management constraints, these properties present outstanding potential for repositioning and value enhancement. Both can be sold as a combined package or separately depending on the investors’ appetite."