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246-254 Edgware Road, London, W2 1DS

For sale: £21,000,000.00|Leisure Property, Hotels, Licensed & Leisure

Property details

FOR SALE£21,000,000.00
ADDRESS246-254 Edgware Road, London, W2 1DS
TYPELeisure Property, Hotels, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON18th April 2023

Description

246 – 254 Edgware Road is a mixed-use investment opportunity comprising a hotel, office, and retail spaces - • The hotel currently is currently let to Sonder on a 5 year term from 24th July 2019, and comprises 44 en-suite bedrooms and a 2-bedroom penthouse suite

• Potential for Vacant possession on the hotel element

• 1,361 sq ft of office space is located on the lower ground floor (currently vacant)

• The retail unit is currently occupied by Costas Catering Ltd trading as Costa Coffee. A new FRI lease to be agreed with the incoming purchaser

• The property boasts excellent transport links and is located less than 1 minute from Edgware Road Underground Station

• The hotel accommodation is presented to a high standard as the hotel was refurbished in 2019

• Potential to add upper floors subject to the necessary planning consents

• Freehold

Location

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Location: 246-254 Edgware Road, London, W2 1DS

Edgware Road (0.1 miles)

Marylebone (0.3 miles)

Paddington (0.5 miles)

Marylebone (0.3 miles)

Paddington (0.5 miles)

South Hampstead (1.6 miles)

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