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Christie + Co markets central London boutique hotel

By James Russell: Christie + Co markets central London boutique hotel

July 26, 2010

Acting on behalf of a private client, Christie + Co is marketing the freehold of the Four Seasons Hotel near Baker Street, London, with offers in the region of £9 million sought.

Situated in the affluent area of Marylebone, on the edge of Regent’s Park, the 42 en suite-bedroom, upscale boutique hotel comprises three mid-terraced, early 19th Century, Grade II-Listed properties located on two separate sites.

173 Gloucester Place is a single building located on the west side of Gloucester Place, which comprises 15 en suite bedrooms, a 34-cover breakfast room and reception.

The two other properties (the Annex) at 154 and 156 Gloucester Place are situated diagonally opposite the main hotel building and comprise 27 en suite bedrooms and conservatory.

Ideally located approximately one mile north of London’s West End and close to a number of popular attractions including Madame Tussauds, the Four Seasons has recently been refurbished to a high standard.

David Creamore, Director at Christie + Co, said: “Realistically-priced freehold hotel assets based in London continue to catch the eye of investors from the UK and abroad. The Four Seasons Hotel’s recent refurbishment and superb location make it particularly attractive. There we expect it to generate a significant level of interest.”

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