1 Caring Hotel 24 Craven Hill Gardens, Hyde Park, London W2 3EA Tenure - Freehold Guide Price - £7,000,000 Leisure Property Specialists Fleurets.com | Leisure Property Specialists 2 Summary • 25 bedroom hotel • Centrally located and close to Hyde Park • Mid-terrace Victorian townhouse • Close to Bayswater and Paddington Stations • Genuine retirement sale • Within family ownership since 1984 • GIA 6,876 sq ft • Excellent transport links Fleurets.com | Leisure Property Specialists 3 Location The premises is centrally located in Bayswater and is only a five minute walk from Bayswater Tube Station with access to the Circle and District Line as well as five minute walk to Queensway Tube Station (Central Line) and Hyde Park. The Caring Hotel is located adjacent to the corner of Craven Hill Gardens and Leinster Terrace. Description The property is a mid-terrace Victorian townhouse with accommodation arranged over six stories including at lower ground level. Veranda entrance with iron guardrail to side at ground floor level. Overview The premises is a well presented privately run hotel, set in a terrace of attractive Victorian properties in the centre of one of London’s primary hotel districts. Viewing Strictly by appointment only through Fleurets London office - 020 7280 4700. Google © Copyright (2016) All rights reserved. Fleurets.com | Leisure Property Specialists 4 Letting Accommodation Other Accommodation The hotel houses 25 bedrooms with the current configuration as follows: At lower ground floor level there is a breakfast restaurant with comfortable space for 30 covers. A kitchen space is located adjacent to the restaurant with dry store space. 3x FAMILY ROOMS (sleeping 4 with en suite bathroom) 7x FAMILY ROOMS (sleeping 3 with en suite bathroom) There is a reception/office on the ground floor. 5x TWIN/DOUBLE (with en suite bathroom) 6x DOUBLE ROOMS (shower only) The Business 3x TWIN (shared bathroom) Our clients have operated the hotel for the past 32 years, and it is currently operated 1x DOUBLE (shared bathroom) as a budget hotel. The hotel can be run as a bed and breakfast, with the building also suitable for a boutique hotel refurbishment or residential development subject to the 4x COMMUNAL BATHROOMS relevant consents. 2x W/C Fleurets.com | Leisure Property Specialists 5 Floor Areas / Site Areas Ground Floor approximately 639 sq m GIA (6,876 Sq ft) The floor area has been provided by our client and should be used as an indicative guide only. Fourth Floor Third Floor Lower Ground Floor Ground Floor Second Floor First Floor All measurements have been made in accordance with RICS Code of Measuring Practice which are approximate only and only for illustrative purposes. For the avoidance of doubt, Dowling Jones Design shall not be liable for any reliance on these measurements. © 2015 www.dowlingjones.com 020 7610 9933 Fleurets.com | Leisure Property Specialists 6 Tariff With Private Bathroom Shared Communal Bathroom Cosy Single/Double £64.00 Basic Single/Twin £54.00 Standard Single/Double £74.00 Basic Single/Double £54.00 Standard Twin/Double £89.00 Triple/Quad £134.00 Single/Double with shower £60.00 Services & EPC We are informed that the premises benefits from all mains services. The property has an EPC rating of F. Business Rates & Council Tax The property is in an area administered by City of Westminster and we are advised that the current Rateable Value is £54,000. The 2017 Draft Rateable Value listing is Breakfast restaurant with space for 24 covers £108,000. Planning & Development Please note this property lies within the Bayswater Conservation Area. Finance & Insurance If you would like to take advantage of the knowledge and experience of a selection of firms who specialise in providing finance and insurance for licensed properties contact your local Fleurets office. A phone call may help to provide you with terms and/or cover, which best fits your requirements. Valuations & Rent Reviews Fleurets has the largest team of Chartered Surveyors to specialise nationally and exclusively in the Capital and Rental Valuation of Licensed property. For professional Valuations, Rent Reviews, Consultancy, Expert Advice, Rating and Planning advice The property is a mid-terrace Georgian townhouse please contact your local Fleurets office. Fleurets.com | Leisure Property Specialists 7 Fleurets.com | Leisure Property Specialists 8 Fleurets.com | Leisure Property Specialists 9 For further information please log onto London North West East Anglia North fleurets.com or give Andy Frisby or Charlie 4 Roger Street Prospect House First Floor Unit A Magog Court Suite 8b Joseph’s Well London 324 Moston Lane East Hinton Way, Shelford Westgate Armour a call. WC1N 2JX Manchester Cambridge Leeds Greater Manchester Cambridgeshire Yorkshire 020 7280 4700 M40 3HZ CB22 3AD LS3 1AB [email protected] Andy Frisby 0161 683 5445 01223 402600 0113 234 0304 Divisional Director [email protected] [email protected] [email protected] 020 7280 4719 07471 953231 [email protected] West & South Wales Midlands South Reflections House 2nd Floor, Charles House Heversham House 26 Oakfield Road 148-149 Great Charles Street 20-22 Boundary Road Clifton Queensway Hove Charlie Armour Bristol Birmingham East Sussex Graduate Surveyor BS8 2AT B3 3HT BN3 4EF 020 7280 4708 0117 923 8090 0121 236 5252 01273 429500 07787 347 182 [email protected] [email protected] [email protected] [email protected] DISCLAIMER Leisure Property Specialists Fleurets Limited for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility For details of properties for sale or to let and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or nationwide visit fleurets.com otherwise as to the correctness of each of them; (iii) no person in the employment of Fleurets Limited has any authority to make or give any representation or warranty whatever in relation to this property. JOINT SELLING RIGHTS REF: LH-62944 Fleurets.com | Leisure Property Specialists.