Plaza London Hotel, 115A - 117A Roman Road, London, E2 0QN

The Plaza London hotel comprises two elegant period buildings offering comfortable accommodation arranged over five floors. The hotel was refurbished circa 2 years ago (circa 70% refurbished). Situated on the vibrant Roman Road in East London, this prime property presents a rare investment opportunity in a highly sought-after location.

The hotel is located on Roman Road, a vibrant urban street in Bethnal Green filled with hip bars and comedy clubs. The surrounding areas are full of fascinating cultural sites, like the V&A Museum of Childhood, Geffrye Museum, Hackney Museum and Whitechapel Art Gallery. Boxing matches take place in York Hall just a two minute walk from the hotel.

Old Street, Shoreditch and Hoxton are all situated a short bus ride away and you’ll find some of the capital’s coolest cafes, galleries and nightlife easily accessible

Bethnal Green is circa 0.3m walk from Plaza London Hotel. Take the Central Line from here and it’s just one stop to Liverpool Street Station for The City. The Central Line also gives you a direct route to Oxford Circus in just 15 minutes, so you can spend time shopping on Oxford Street and Carnaby Street, dining in Soho and Chinatown, or partying in Leicester Square.

From Heathrow Airport: Follow signs to the tube station and take the Piccadilly Line to Holborn. Signs will direct you to the Central Line, which will then take you to Bethnal Green Tube Station. Heathrow to Whitechapel/Liverpool Street via the Elizabeth line has a 50 minute total journey time.

From Gatwick Airport: Make your way to the train station at Gatwick Airport and take a Southern Rail or Gatwick Express train to Victoria. Follow directions to the London Underground and head for the Victoria Line. You will then change onto a Central Line tube at Oxford Circus to get to Bethnal Green.

The hotels features a spacious breakfast room in the basement, along with a well equipped fitted kitchen with two large store rooms. One storeroom still retains a shower, while the other was previously part of a larger breakfast area - currently arranged as 8 covers but can be converted back to its 22 cover capacity if the new owner decides to repropose it for alternative use.

The spacious reception is located on the ground floor. There is a lobby in front of the reception desk (with seating) with a vending machine that offers drinks and snacks (this is owned not rented).There is also an inner lobby/seating area. There is also a managers office in the inner reception where the CCTV is monitored. Behind the reception desk there are 3 large cloaks cupboards.

The letting accommodation is configured as follows:

Basement:
• 2 family rooms (one has an ensuite and the other has the use of its own shower WC which is located outside the room).
• Additional wc
• 2 store rooms

Ground floor:
• 1 family ensuite room
• 3 double ensuite rooms

First floor:
• 5 double ensuite rooms
• 1 family ensuite room
• 1 single ensuite room
• 1 twin ensuite room

Second floor:
• 5 double ensuite rooms
• 1 triple room (with a balcony)
• 1 family room
• 1 single room

Third floor:
• 3 double ensuite rooms (one of the doubles has a balcony with panoramic views to the shard).
• 1 single basic room (this has its own private shower w/c outside the room)
• 1 single room

One of the bedrooms to the rear has a private outdoor patio area with seating.

This freehold opportunity is being sold as a going concern, offering investors a turnkey business or redevelopment potential in one of London's most dynamic neighbourhoods.

There is a staff room in the basement with a gents & ladies wc and and space for the hotels washing machine. There is a laundry cupboard and a further large store room.

There is potential to add additional rooms to the rear of the building and it may be possibly instal a lift subject to obtaining the relevant planning consents.