The freehold 43-bedroom boutique hotel, located near Notting Hill, is just a few minutes’ walk from Lancaster Gate.
The recently refurbished property, with a well-established business, was sold at the asking price, free of brand and management ties. The scarcity of high-quality stock in the area and the limited number of hotels on the market with rooms of this scale made it an attractive asset for the purchaser.
Alex Sturgess, Director, Hotel Capital Markets, Savills, says: “We are pleased to have achieved a successful outcome for our clients, who took advantage of an improved market to sell their hotel at the asking price. The boutique hotel was presented to a high standard and had an established business.”
