The owner of the Hoxton Hotel, located on the outskirts of London’s main financial district, are exploring a possible sale of the venue that may raise as much as 67.5 million pounds ($108 million).
Knight Frank LLP was appointed as adviser during the process and expressions of interest have been received, owner Bridges Ventures Ltd. said today in a statement.
The hotel has 208 bedrooms, seven meeting rooms and the Hoxton Grill restaurant. It was established in 2006 by co-owner Sinclair Beecham, who also helped found the sandwich chain Pret A Manger.
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