• SUBSTANTIAL VICTORIAN LUXURY B&B SUSSEX GARDENS LONDON W2

    lnw5468
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    £7,499,000 oiro
    W2
    • • PRIME PADDINGTON LOCATION
    • • OWNED AND OPERATED BY SAME FAMILY FOR 35 YEARS
    • • 22 LETTING BEDROOMS (21 ENSUITE)
    • • SPACIOUS BREAKFAST ROOM
    • • COVERING APPROX 5000 SQ FT
    • • LONG LEASEHOLD

    Description

    Owned and run by the same family for 35 years, the sale represents a unique opportunity to acquire this substantial, terraced Victorian luxury B&B in Hyde Park Paddington London W2.  Situated 200m from Paddington station and within walking distance of Central London, the B&B is close to Hyde Park and theatres, art galleries, shops and restaurants, Albro House has been converted, modernised and refurbished over many years, the interior designed accommodation comprises 22 individual guest bedrooms 21 en suite 1 shared bathroom, outside access and a spacious breakfast room. Overall the property covers approximately 5000 sq ft.

    Long Leasehold for 125 years from December 1987 with low rent increasing by £300.00 pa every 25 years. Current rent payable - £600.00 pa Business Rates - £34,000 pa

     

     

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