Acting on behalf of private owners, Christie + Co is marketing the freehold of the Ventures & Camelot Hotel in Paddington, London, with offers in the region of £15 million sought.

Situated a short distance from Paddington rail and underground station on Sussex Gardens, the property dates back to c.1880 and comprises five substantial, Victorian-style buildings, which are arranged over basement, ground and three upper floors.

The hotel comprises 77 bedrooms, 55 of which are en suite, plus two additional standard rooms that are currently under construction, and a restaurant. The business also features a 25-space car park to the front of the building.

There is also potential to expand, subject to planning permission, a number of double rooms to triple rooms.

Run by the same family for more than 30 years, the hotel benefits from being located deep in the heart of London, within a short distance of some of the capital’s most famous tourist attractions, including Hyde Park, Kensington Gardens and Marble Arch.

Andrew Evangelou, Associate Director at Christie + Co, said: “This is a rare chance to acquire a substantial freehold property in central London. Therefore we expect to receive a high level of interest in this excellent opportunity.”

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