Hotel redevelopment opportunity in the heart of Bayswater
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 1850s. The former 60 room freehold hotel opened in 1925 and contains two white stucco fronted, seven storey grade II listed buildings located within the Bayswater Conservation Area. Our client acquired the Averard Hotel with the view to complete a full refurbishment programme, however, the development has been placed on hold and the works not undertaken at this point.