Savills has brought the London Elizabeth hotel in Lancaster Gate in Bayswater to market.
The Victorian 52-bed hotel has planning consent for a significant redevelopment and extension which will see the addition of 43 bedrooms.
“The sale of the London Elizabeth Hotel represents a unique opportunity for an operator or investor to own and reposition a great asset available to the market for the first time in several decades,” said Alex Sturgess, director of Savills Hotels team.
“Just minutes from the hub of Paddington, this area has undergone significant investment over the last five years and further development in the pipeline will additionally enhance the appeal of this investment opportunity.”
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