119 room, 12-storey, 4 stars boutique luxury lifestyle hotel
Located in East London very close to Old Street Tube Station. Good transport connections via (Northern Line, Overground). Located within a 4-minute walk (0.2 Miles). Shoreditch is a prime example of the blend of hospitality with a modern active lifestyle.
This area has undergone a whirl of evolution with the area’s development matrix being one of the highest in London. Shoreditch flourishes in its culture and is seen as the aspirational place to be in London with its urban idealism.
Potential affiliation with Blakes Hotel Brand with plans to expand the brand further in the future.
The hotel is situated between large areas of conservation which means the amazing 360-degree view from the top floors will not change dramatically in the following years.
There are four more hotels near the subjected one. Three of them are 3-star hotels: Premier Inn, Holiday Inn Express and the Z Hotel Shoreditch. They do not directly compete with our proposed site. The main competitor is the 5-star hotel M by Montcalm.
The hotel will include a business hub, restaurant and bar on the ground floor. There is also a small terrace on the ground floor.
Hotels with quality restaurants and with world class amenities are the new norm in London.
Proposed office total floor area (NIA) is 1,374.4 sq. m. Building Total GIA 6,123 sq. m.
Construction is expected to be completed in Ql 2022.
The property is of institutional quality and in a prime location, which we believe will optimise an eventual onward sale of a portfolio.
- Completion due June 2022
- Selling price £60m.
We will require a buy side fee.
Where we act as a seller’s mandate, we represent the vendors. Our clients wishing to sell their property off-market benefit from impartial advice and a personalised service tailored to their requirements and circumstances. More importantly, we offer sellers unparalleled access to qualified buyers and we ensure that we address the right audience.
In order to achieve the best possible sales result, your property is presented to individual and corporate purchasers, whose buying behaviour and buying power can be backed by a Letter of Intent (LOI) and Proof of Funds (POF). We will provide vendors with professional support throughout the entire process and beyond, including RICS valuations, coordinating viewings, assessing incoming offers, and protecting your interests during sales negotiations.
For further information, luxury property, off-market, off-plan, developments or investments, marketing or help finding your next property please contact us anytime.
Office: +44(0)330 2236988
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