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Albany Hotel, 34 Tavistock Place, London, WC1H 9RE

POA
Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • Georgian Townhouse Hotel
  • 12 letting rooms
  • Two additional staff rooms + kitchen
  • Potential to add additional rooms STPP
  • Freehold in need of modernisation
  • Energy Rating:C
  • Christie & Co Ref: 2440263

Description

Description

The Albany Hotel is a Georgian grade II mid-terraced period town house, beneath a pitched, tiled roof. Arranged over 5 floors the hotel currently offers, 12 letting rooms and an additional two double bedrooms that are currently used as staff rooms.

Location

The Albany hotel is centrally located on Tavistock Place and within circa 0.2 miles from Russell Square underground station (Piccadilly Line). Kings Cross and Euston stations are also situated approximately 0.4 miles from the hotel.

Internal Details

There are 12 letting rooms in the building and one bedroom with en suite facilities . There are four bathrooms that service the basic rooms.

There is also a breakfast room and kitchen in the basement of the building and two additional staff rooms ( one basic bedroom and one en suite bedroom )

The owner has considered converting these rooms to an additional four letting rooms (subject to obtaining the relevant planning consents) which could potentially increase the letting rooms to 15.

External Details

There is a rear patio garden with a surrounding wall and a large store room to rear that has been converted to an en suite room.

The Opportunity

The Albany Hotel is a family run bed & breakfast that is in need of modernisation. There is also huge potential to add additional letting rooms and to expand the business with an extension to the rear of the building as a number of neighbouring buildings have done so (subject to obtaining the relevant planning consents). Guests are made up predominantly from tourists and tradesman visiting the area.

Trading Information

Trading information will be provided to interested parties once a formal viewing has taken place.

Energy Performance Certificates

EPC 1

Brochures

Albany Hotel, 34 Tavistock Place, London, WC1H 9RE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Russell Square Station0.2 miles
  • St. Pancras Station0.3 miles
  • King's Cross Station0.4 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 2440263-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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