Kensington Hotel Sold

On behalf of the Ace Hotel Group we were instructed to arrange a sale of a substantial 145 bedroom hotel within a sough-after West-London location, which offered potential for both existing and alternative use.

An open marketing process was undertaken which targeted both operators and developers, and following a short but intense period with over 50 inspections carried out from interested parties, international hotel chain Hannover Group proved the successful bidder with a sale being achieved in excess of the £5.5m guide price.

The property will under-go a program of refurbishment and updating, and will be operated in conjunction with Hannover’s existing central London hotels.

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  • Sale
  • Sold for £5,500,000
  • West Kensington W14
  • Investment
  • Leisure
  • 145 bedroom hotel with development potential
  • Open market disposal
  • Sold to hotel operator
  • Value achieved exceeded 2 other valuations by 20%

Ross and his colleagues took care of our needs from start to finish, and showed professionalism and commercial understanding throughout

Financial Director,

Ace Hotel Group