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A new fully implemented hotel-led development situated to the north-west side of Liverpool Street station has been brought to market for offers in excess of £75m.
Giant Mind Properties Group Limited has appointed Savills and CBRE to market the freehold interest in Bavaria House, Appold Street, London.
Designed by Kohn Pedersen Fox architects, the fully consented mixed-use hotel and office tower encompasses a total of 340,085 sq ft (GIA), arranged over four basements, ground, and 45 upper floors.
The consented scheme features a 416-key hotel across 26 upper floors, alongside 88,286 sq ft of premier office space, complemented by amenities including a gym, spa, and diverse food and beverage services. The site provides the additional opportunity to explore alternative uses (STPP).
The news comes as Savills recently found that year-end volumes of the UK’s hotel investment transactions are forecast to reach £5bn, bringing activity back in line with 2019 levels.
It comes as UK hotel investments reached an estimated £626m in the third quarter, spelling a 54% rise on the same period last year.
As a result, hotel investment transactions across the country in the current year to date have hit £3.82bn, surpassing the total 2023 volume by £1.6bn.
