63 Gower Street, London | Property for sale | Savills
Offers over £2,225,000

63 Gower StreetLondon

  • Leasehold

Key features

  • Leasehold townhouse Fitzrovia hotel
  • Comprising 15 bedrooms
  • EBITDA capitalised at an 8.25% yield
  • Desirable West End of London location
  • An abundance of nearby transport links
  • Well maintained rear garden for guests to enjoy
  • Offered free of brand and management ties (vacant possession)

Jesmond Hotel provides operators with an opportunity to acquire a prominent leasehold hotel on Gower Street in the historic Bloomsbury district of Fitzrovia.

About this property

  • The Property is located in the West End of London on Gower Street, with an abundance of nearby transport links servicing winder London and beyond. Nearby attractions include The British Museum, Oxford Street, Regent’s Park and University College London, amongst a wide array of other demand drivers. The area is bounded by Fitzrovia to the west, Regent’s Park to the north, Clerkenwell to the east, and Covent Garden to the south.

Additional information

  • This is a leasehold opportunity.
  • The freeholder is the Bedford Estate.
  • The lease is dated December 1998 for a period of 75 years up to December 2073.
  • Annual rent is 35% of the Open Market Rental Value
  • C1 planning use class