Southwark hotel development opportunity brought to market for £3m

A hotel development opportunity with full planning permission has been brought to market in central London, available on a leasehold basis for offers in excess of £3m. 

The proposed scheme, which has full planning permission approved by Southwark Council, will allow for the development of a seven-storey hotel featuring 50 luxury boutique bedrooms, roof terrace, and ground floor and basement restaurant and bar spaces.

Prominently located on Borough High Street, SE1, the site is a short walk from iconic London attractions including Borough Market, The Shard Quarter, and London Bridge mainline rail station, and benefits from the footfall of some of London’s busiest underground stations.

Jeremy Jones, head of Brokerage – Hotels at Christie and Co, said: “This unique opportunity in the heart of one of London’s prime trading locations is a genuine one-off opportunity. 

“Christie and Co are selling the chance to lease and operate a landmark hotel for the remaining period of a 45 year term within the 1954 act and under highly attractive lease terms. The approved hotel scheme has been designed to cater for the capital’s most discerning guests.”