The property

The building comprises 6,579 sq ft GIA of luxury hotel accommodation with a bistro restaurant and bar arranged over basement, ground and two upper floors.

In 2011 the current owners extensively reshaped the original pub into the boutique hotel to provide 12 individually styled en-suite bedrooms and popular bar bistro.

The ground floor bar and restaurant area represents an exciting refurbishment opportunity. It is arranged around a central island bar with kitchen and WCs situated towards the rear. There are approximately 78 covers over the ground floor with a standing capacity of 200. The lower ground floor comprises a beer cellar, staff changing area and WC, prep kitchen with dumb waiter and night porter accommodation fitted with shower.

Externally there are two seating areas. The ground floor external area for bar and restaurant use comprises 24 covers. A further separate external area is available for hotel guests only located on the first floor.

The premises benefits from a rare alcohol licence seven days a week from 11am – midnight.

The Opportunity

- Immediate vacant possession.

- Landmark corner building with period features.

- Rare unencumbered freehold.

- Planning consent has been granted for an additional floor comprising five further hotel rooms, 3 with mezzanine floors.

- New extension provides impressive 4 metre ceiling heights.

- Approved scheme provides potential for new hotel entrance to Ladbroke Grove and the addition of a lift serving all floors.

- Full basement renovation possible to create private dining/speak easy style space.

- Exceptional floor to ceiling heights throughout the building creating spacious hotel rooms and leisure accommodation.

- Existing rooms require minimal capital expenditure depending on desired room rate and specification.

- Unique opportunity to owner operate one of Notting Hills boutique hotels.

- Potential to explore alternative uses such as residential on additional floor.

Other information

Tenancy

Vacant possession.

Tenure

Freehold – title number 265540

EPC

Energy rating of C (valid until June 2031)

VAT

The property is elected for VAT.

Planning

The property is located in the Royal Borough of Kensington and Chelsea.

Approved planning application number: PP/21/08020

Additional massing approved for 1,489 sq ft. This will generate a total of 17 rooms (3x with mezzanine floors) benefitting from 4m ceiling heights.

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Proposal

Offers are invited in excess of £7,000,000 subject to contract and exclusive of VAT.