Christie & Co bring to market Qbic London City – London’s green hotel
Specialist business property advisor, Christie & Co has been exclusively instructed to bring to the market Qbic London City, an award-winning ‘green’ hotel located in the heart of one of East London’s liveliest quarters.
This well-known 183-bedroom hotel is available free and clear of the current Qbic Hotels branding, on a leasehold basis, making it a unique opportunity to enter the London hotel market at scale.
The Qbic London City benefits from an enviable location close to the Square Mile, just a stone’s throw away from Aldgate East Underground Station and London’s many iconic tourist attractions. The property is surrounded by some of the city’s best street food, cafes and restaurants, art galleries, niche shops and nightlife within the bustling districts of Whitechapel and Spitalfields.
The hotel opened in 2013, following the success of the original Qbic Hotel in Amsterdam and has undergone continual investment and improvement across its bedroom range since. The hotel marries hi-tech with its strong environmental credentials and the latest sleep technology and has a strong following from both leisure and corporate guests.
Additional hotel facilities include Motley Bar & Restaurant, a highly popular venue on the Whitechapel circuit along with a range of meeting rooms, co-working spaces, and a car park with electric vehicle charges.
The Qbic London City is renowned as London’s leading eco-friendly green hotel, considering the environment at the very heart of its operations. From the design of the hotels’ green energy systems including solar panels, sensor lights through to its water-saving initiatives and re- purposing of much of its FF&E, the hotel has been a pioneer in meeting its customers green energy demands and has secured an EPC “A Rating” as a result.
Andrew Evangelou, Director and Head of London Hotels in Christie & Co’s Hospitality team is handling the sale and comments, “The sale of the Qbic London City presents a unique opportunity to acquire a pioneering eco-friendly hotel close to the City of London and within walking distance of some of London’s trendiest bars, restaurants and clubs. We are certain this vibrant hotel will generate high levels of interest from both domestic and overseas buyers, given the demand we have seen for hotel assets to date this year. So far in 2021, our team has achieved 45 exchanges and completions across the UK, with aggregated sales proceeds in excess of £55 million.”
Enquiries should be directed to the Project Team listed below.
Andrew Evangelou, Director – Head of London Hotels
P: +44 (0) 7917 372 426
E: Andrew.Evangelou@christie.com
Jeremy Jones, Head of Hotels – Brokerage
P: +44 7764 241284
E: Jeremy.jones@christie.com
Douglas Denholm, Broker – Hotels
P: +44 7736 615874
E: douglas.denholm@christie.com
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 07721 420 656 or E: bronte.hughes@christie.com
