Malaysian company Felda Investment Corporation has brought to market its 50,000 sq ft Park City Grand Plaza hotel in the prime area of Kensington, London.
The Park City Grand Plaza Kensington is located on Lexham Gardens and comprises a terrace of seven interconnecting buildings with extensive public areas including a restaurant; lounge bar; function room; gym; rear terraces and a spacious garden. It currently trades as an independent four-star standard boutique style hotel with 77 bedrooms.
The property is located near Gloucester Road and Earls Court tube stations and attractions including Kensington Palace, the Royal Albert Hall, the National History Museum, the Victoria and Albert Museum and the Science Museum.
Colin Hall, director in Colliers International’s Hotel Agency division who is handling the sale, said: “This is an extensive freehold property, well maintained and in a great location. Available free of brand and management, it provides an excellent opportunity for new owners to mould to their requirements and we are expecting plenty of interest and an early sale.”
The property is launched to the market this week and deadline for bids is 12 noon on Friday 28th September.