UK: Business property adviser Christie & Co is marketing a central London hotel development opportunity with full planning permission.
The site, located on Borough High Street in south-east London, is available on a leasehold basis via the sale of 100 per cent shares in a UK registered company for offers in excess of £3 million.
Southwark Council has granted permission for the development of a seven-storey luxury boutique hotel featuring 50 bedrooms, a rooftop terrace, and ground floor and basement restaurant and bar space.
Jeremy Jones, head of brokerage – hotels, Christie & Co, said: “This unique opportunity in the heart of one of London’s prime trading locations is a genuine one-off opportunity.
“Christie & Co are selling the chance to lease and operate a landmark hotel for the remaining period of a 45 year term within the 1954 act and under highly attractive lease terms. The approved hotel scheme has been designed to cater for the capital’s most discerning guests.”
Further details on the leasehold development site can be found here.
