g
Recent Posts

Back to top

SITE CRITERIA

We review all sites on a individual basis. We have outlined the general criteria we look for in sites below.
Please use this as a guide only.

HOTEL CRITERIA

PLANNING

Sites without planning with Class C1 Hotel Use or with existing Resi or Commercial planning consent that could likely be converted to C1

ACQUISITION PRICE

£5m – £25m in London. Less outside of London.

SIZE

Potential for 4,000 – 15,000m2 gross internal area (GIA). Smaller sites may work in Prime Central London (e.g. Mayfair, the City etc).

TYPE

New build or conversion

LOCATION

Ideally located in an area designated as a CAZ, town centre or opportunity area from the perspective of planning policy Located in an area where there is likely to be good demand for tourist and business traveller accommodation

London

Zone 1/2 or high growth centres outside this area Close to good transport links or with high Public Transport Accessibility Levels rating (PTAL)

Outside of London

Major city where tourists or business people (ideally both) would stay e.g. Brighton, Bath, Bristol, Cambridge, Oxford, York, Cheltenham, Cardiff, Edinburgh, Manchester, Birmingham, Liverpool, Heathrow, Gatwick

RESIDENTIAL CRITERIA

PLANNING

Sites with outline consent or full planning permission. We generally don’t look at sites without some form of existing consent or building in place.

ACQUISITION PRICE

Purchase Value – £400K – £3m depending on size, location and potential

SIZE

Potential for 8+ residential units. Will consider less on a case by case basis.

TYPE

New build or conversion

LOCATION
Site located in or around town centres or desirable local areas. Within close proximity to key economic drivers including schools, public transport links, hospitals, business parks etc.

London

Zone 1/2 or high growth centres outside this area Close to good transport links or with high Public Transport Accessibility Levels rating (PTAL)

Outside of London

Major city where tourists or business people (ideally both) would stay e.g. Brighton, Bath, Bristol, Cambridge, Oxford, York, Cheltenham, Cardiff, Edinburgh, Manchester, Birmingham, Liverpool, Heathrow, Gatwick