Two The Park Grand London hotels brought to market for combined £110m

Two high-profile freehold unbranded hotels in central London have been brought to market with a combined price of over £110m.

The Park Grand Paddington Court and Park Grand London Hyde Park hotels, both situated just minutes from Paddington Station, are free of brand and management, and are said to present a “strong opportunity” for investors to purchase substantial hospitality assets in one of the city’s strongest trading locations.

The Park Grand Paddington Court is on the market for offers in excess of £70m. It is a large upscale hotel with 231 rooms, a restaurant, bar, gym, and two guest lifts and is said to attract both business and leisure guests, as well as international tourists.

Meanwhile, The Park Grand London Hyde Park, priced at offers in excess of £40m, is another prime asset in the area and features 119 rooms including 10 duplex suites, a restaurant, bar, and 12 car parking spaces.

Both properties are within walking distance of Hyde Park, Marble Arch, and Oxford Street. The immediate area also benefits from ongoing transformation, including developments like Paddington Basin and the Whiteleys shopping centre.

Colin Hall, from Colliers’ Hotels team, who is handling the sales on behalf of a private owner, said: “Both properties offer investors a rare chance to acquire well-established hotels in one of London’s most dynamic markets. With no existing brand or management constraints, these properties present outstanding potential for repositioning and value enhancement. Both can be sold as a combined package or separately depending on the investors’ appetite.”