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Hyde Park Radnor Hotel, 7-9 Sussex Place, London, W2 2SX

Offers in Excess of
£11,500,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 36 ensuite bedroom hotel
  • Two period buildings, interconnects all floor
  • Virtual freehold
  • Potential to add additional rooms STPP
  • Lift to all floors
  • Energy Rating: C
  • Christie & Co Ref: 4241318

Description

Description

The hotel is made up of two attractive period buildings that boast many original features. The Hyde Park Radnor has been in the same family ownership since 1999 and they have established a successful business that enjoys high level of repeat business with guests coming from all over the world. The hotel is highly rated with excellent reviews across all the major travel platforms.

Location

The Hyde Park Radnor is located in the heart of Paddington in central London with Hyde Park, Marble Arch and Oxford Street all within easy reach of the hotel. The hotel is ideally situated for London’s top Sightseeing spots, Shopping, Museums and Theatres with both London Paddington and Paddington Underground stations are close by and easily accessible.

Internal Details

On the lower ground floor there is a circa 40 cover breakfast room with an open plan kitchen. There are also two lined vaults that are used as additional kitchens. There is access to the front of the building where there is a large storeroom and a refuse store. In the second building there are two more vaults that are also lined - One is used as a laundry and linen store and the other as another kitchen. There is a door to the front of the building (with steps up to street level) where there is an additional store room and a store that houses the hotels water softener. There is a unisex WC on the lower ground floor.

Ground Floor

There is a bright and spacious reception where guests are greeted on arrival to the hotel. There is a comfortable area to sit a reception desk with office to rear.

Fixtures & Fittings

There is a passenger lift that services all floors. In each building there are elegant feature staircases with ornate metal balustrades.

Letting Accommodation

There are 36 ensuite bedrooms arranged over lower ground, first, second, third and fourth floors. The bedrooms are configured as follows:

Lower Ground Floor:
3 twin rooms
1 triple room
1 family room

Ground Floor:
4 double rooms
1 family room

First Floor:
1 double with balcony
1 twin with balcony
1 triple room (bay window)
1 double with balcony and two windows
1 double with Juliette balcony
1 double with balcony

Second Floor:
1 single room
3 triple rooms
1 twin room
1 double room

Third Floor:
1 double room (sold as a single)
2 triple rooms
3 twin rooms
1 single room

Fourth Floor:
4 single rooms
3 family rooms

External Details

On the first floor there is a door to a flat roof terrace.

Trading Information

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

Tenure

The hotel is held on long lease with circa 95 years remaining. There is a peppercorn rent of £2,400 per year.

Brochures

Hyde Park Radnor Hotel, 7-9 Sussex Place, London, W2 2SX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lancaster Gate Station0.2 miles
  • Paddington Station0.3 miles
  • Edgware Road (Bakerloo) 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

These notes are private, only you can see them.

Disclaimer - Property reference 4241318-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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