Hospitality entrepreneur buys Grade II-listed hotel in Bayswater
Dean Court Hotel in London’s Bayswater area has been acquired by a hospitality entrepreneur.
The 14-bedroom venue, located near Hyde Park, was scooped up by the owner of Hartley Hotel in Forest Gate from a guide price of £750k.
Hotelier Mr Usman, whose portfolio also includes Pasha Hotel on Camberwell Road, plans to carry out a refurbishment of Dean Court.
The Grade II-listed property was built in the mid-19th Century and has served as a hotel for more than 50 years.
Leisure property firm Fleurets brokered the deal for the venue’s leasehold.
Andy Frisby of Fleurets said: “Central London continues to prove a competitive market and it is therefore no surprise that we received multiple offers for Dean Court Hotel.
“Subject to the relevant consents, this property has potential for the configuration of en suite facilities; so I am particularly excited to see the hotel evolve in the coming months.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model