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GMS Estates Lists Covent Garden Hotel Site for £25M
financehotelowner.co.uk··1 min·For: Investor, Owner, GM

GMS Estates Lists Covent Garden Hotel Site for £25M

GMS Estates has brought a prime Covent Garden development site to market for over £25 million with planning consent for an 80-room hotel. The approved 51,000-square-foot scheme includes converting Kingsway House and building a new seven-storey structure.

Key Takeaways

  1. 1Site offered for over £25m with planning consent for an 80-bedroom hotel
  2. 2Approved scheme covers 51,000 sq ft, retaining Kingsway House's period façade
  3. 3Knight Frank is marketing the property, located steps from Holborn Station

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Source: hotelowner.co.uk

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