Acting on behalf of Spanish clients Mazabi Gestión de Patrimonios, Christie + Co and HVS Hodges Ward Elliott have sold the boutique 4-Star Queen’s Gate Hotel to a private investor off an asking price of £40 million.
Located in South Kensington, one of London’s most desirable areas, and close to the Royal Albert Hall, the Natural History and Science museums and the Kensington shopping attractions, the hotel has 90 bedrooms, within four Victorian houses.
David Creamore, Director of London Hotels for Christie + Co, says: “The sale of this hotel reflects both the demand for assets in this particular part of London and the bullish prices now being achieved on a regular basis in the capital.”