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Lancaster Gate, London, W2

Guide Price
£23,000,000
Reduced on 25/03/2021
Let's Talk Property, London
BEDROOMS
x60

Property description

Tenure: Freehold

Let's Talk Property are proud to present this classical Victorian style, Grade II listed building in Bayswater, London in need of complete modernisation. A very exciting opportunity to acquire this magnificent freehold of approximately 25,000 sq ft.

The Former Averard Hotel is located at the Eastern end of Lancaster Gate and at the end of a terrace of substantial period buildings.

Built in English Baroque with French mannerist touches in the 1860s, the 60 rooms freehold hotel opened in 1925 and contains two white stucco fronted, seven storey grade II listed buildings located within the Bayswater Conservation Area.

10-11 Lancaster Gate were built as part of larger development of Victorian luxurious terraced houses which consisted of twenty one residences. They were in fact originally built as Victorian first class town mansions by builder and developer John Kelk in 1862, designed by the architect John Johnson.

According to a heritage report commissioned in 2015 the property still comprises many of its original features including the principal staircases and decorative features which are among the highest architectural significance.

The property is just a stone throw away from Hyde Park being that central London is just on your - very grand - doorstep.

Other options, subject to planning consent, include converting it into luxury apartments or reopening it as a grand hotel.

Lancaster Gate, London, W2

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lancaster Gate Station0.1 miles
  • Queensway Station0.4 miles
  • Bayswater Station0.4 miles
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About the agent

Let's Talk Property, London

109,28a Queensway, London, W2 3RX

Let's Talk Property, London

Let's Talk Property provides a full residential lettings, sales and property management service covering Bayswater, Paddington, Notting Hill, Holland Park, Maida Vale and surrounding areas. The agency is also a full-serviced, real estate company representing clients worldwide in a broad spectrum including residential, commercial, international and holiday lets. We want to redefine the business of real estate, modernize and advance the industry by fostering a culture of partnership in which al

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Disclaimer - Property reference LTP200002. 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 Let's Talk Property, London. 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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