60 Bedrooms End terrace house for sale in Lancaster Gate, Lancaster Gate W2 | £ 26,800,000


Price: £ 26,800,000
Contract type: For Sale
Type: End terrace house
County: London
Town: London
Postcode: W2
Address: Lancaster Gate, Lancaster Gate W2
Bathrooms: 0
Bedrooms: 60
Posted: 2020-05-13

Property Description

Ideal large scale hotel development or flat conversion project (stp) next to Hyde Park!
7 story 2x adjoining houses in Lancaster Gate, W2 just 3-4 mins from Lancaster Gate tube with partial views of Hyde Park.
This is a total refub or remodelling project as the property had been left empty for over 10yrs!
Last use was a 60 bed hotel.

Freehold property held in a spv - So no stamp duty on purchase!

Ideal Hotel restoration project!
Other possible opportunities include converting into 10x luxury flats subject to planning.
Currently no planning in place for resi conversion.
Owner prefer an unconditional sale.

Gross Internal Area as existing - 2350.35 m2 / 24,911 sq ft2

Scope to add more space at the back by adding 3x floors to part of the building !...

* * * Similar development properties wanted * * *
* * * We also have access to a larger pof market property in the other end of the same road - pl enquire * * *

Property Location

Property Marketed by London Property Zone

Address: Britannia House, 1-11 Glenthorne Road, London

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