Specialist property adviser Christie + Co has been appointed to market for sale the leasehold of Leicester House Hotel, a boutique hotel in a five-storey period Georgian building within a couple of minutes walk of Leicester Square.
Leicester House Hotel was renovated to a high standard this year and boasts 17 beautifully designed bedrooms comprising of 14 en-suite guest rooms and 3 suites. The restaurant seats 50 covers and is currently closed to the public, opening only to serve breakfast to in-house guests, providing ample opportunity for a prospective buyer to extend the food and beverage offering. There is also an outdoor terraced seating area which accommodates 30 whilst the restaurant /bar area is licensed until 2am.
The hotel is set in one of the busiest tourist areas of the capital and is surrounded by a mixture of high profile London restaurants, bars, shops and theatres. It is also very close to the tourist destinations of Chinatown, Soho, Covent Garden and Piccadilly Circus.
Andrew Evangelou, Director at Christie + Co is handling the sale and comments: “The hotel creates a rare opportunity to acquire a hotel in a prime London location in one of the world’s leading hotel markets and we expect it to attract both local and international interest. The hotel has been extensively refurbished so minimal investment would be required by a purchaser, whilst offering either a first time buyer or experienced hotelier the prospect of extending the food and beverage offering on the ground floor to capitalise on the area’s high footfall.”
Christie + Co is seeking offers in excess of £3m for the leasehold interest of Leicester House Hotel.