Opportunity to acquire a vacant hotel with planning to develop a 31 bedroom hotel.
Located on Stoke Newington Road, 0.4 miles from Dalston Kingsland Station (Overground).
Existing GIA measures 6,745 sq ft.
Total proposed GIA measures 7,757 sq ft over lower ground, ground, and three upper floors.
Planning Permission granted for the construction of a mansard roof extension and refurbishment of existing hotel (Use Class C1) comprising elevational alterations including the removal and installation of new windows, increase roof height of existing rear outrigger, new shopfront and associated works (Hackney Council REF: 2025/0918).
We have forecasted the Gross Operating Income to be in the region of £715,000 per annum.
The property has been fully stripped out and ready for refurbishment.
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