40 Room Hostel with development potential

London W2 4BG United Kingdom

For Sale

GUIDE PRICE £12,000,000

DESCRIPTION

Currently arranged over 5 floors that are inclusive of a basement, ground and upper floors. The overall Gross Internal Area of the building including the common parts and service areas is approximately 9180 sq ft. The building is currently run as a 40 room hostel/HMO with an additional reception office located on the ground floor. Each room provides living and cooking facilities with shower and washing facilities provided on every floor on a communal basis. 

Brochure

brochure link

LOCATION

The property is located in a prime location within Central London. Kensington Gardens Square benefits from the amenities that Queensway and Westbourne Grove have to offer. Hyde Parks less than a 10 minute walk and the nearest stations are Queensway and Bayswater which serve the Central, Circle and District Line Trains. The area has recently been approved for a £1bn regeneration scheme designed by Foster & Partners. 

PLANNING

Subject to Planning

Lynne Cobb
Administrator