Christie & Co brings to market Hotel Earls Court in prime London location
Hotel Earls Court is a 17-room well-established hotel comprising single, double, and triple room accommodation arranged over a lower ground and three upper floors.
On the lower ground floor, there is a comfortable residents’ lounge and a circa 22 cover breakfast room which extends out on to a conservatory. The kitchen is located to the rear of the breakfast room, and a laundry room and storeroom sit in the basement. The hotel also houses two Vodaphone micro cells which provide the business with an additional £10,000 of income per annum.
In 2016, the owners obtained planning permission to add a single-story extension onto the building.
Hotel Earls Court is located on the corner of Pennywern Road and Warwick Road, in the heart of Earls Court, London. The area features charming leafy Victorian residential squares, chain hotels and busy and vibrant commercial streets. Earls Court Underground Station is approximately 50 meters from the hotel and the A4 and M4 motorways provide easy access in and around London. Earls Court is renowned for having a diverse range of dining and drinking establishments and this, coupled with the eagerly awaited Earls Court regeneration development plans, provide the hotel with an excellent trading position. The state-of-the-art regeneration programme promises to deliver additional housing, retail, commercial property, as well as new community facilities.
For the last 40 years, the hotel has been operated by the same owner who has grown it into a well-established, popular business which enjoys high levels of occupancy throughout the year and welcomes tourists from all over the world, with many guests returning year after year. The owner has decided to sell to pursue retirement and comments, “Hotel Earls Court is run as a family business with a strong staff force that is extremely loyal. Through this, we have built great relationships with our guests that frequently visit us and with our local community. I have decided to retire and will be very sad to let it go. I look forward to welcoming the new owner and wish the very best the hotel can bring.”
Andrew Evangelou, head of London Hotels at Christie & Co, who is handling the sale, comments, “Christie & Co is delighted to bring The Hotel Earls Court to market. The owners have established an excellent trading platform in the busy and vibrant area of Earls Court and this family run business offers a great opportunity for an incoming buyer.”
Hotel Earls Court is on the market for an asking price of £4,500,000