Altrua Tower | Bridges Court Rd
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Altrua Tower Bridges Court Rd
78 Room Hotel London SW11 3BE For Sale
Investment Highlights
- Nearby developments include Battersea Power Station, Albert Wharf, Swedish Wharf, the former B&Q build-to-rent site and United States Embassy
- Battersea is a busy commercial and sought after affluent residential area, located approximately 5 miles south west of central London and of Chelsea a
- The property is in a prime riverside location next to the Edmiston London Heliport, between Battersea and Wandsworth Bridge
Executive Summary
The property is a modern, purpose-built hotel arranged over the basement, ground, mezzanine, first to fifth floors, and the 13th floor. It features 78 ensuite bedrooms, including 8 exclusive penthouse suites on the 13th floor, with some rooms boasting balconies and terraces overlooking the River Thames.
The hotel offers a spa facility with a 10m hydrotherapy pool, sauna, steam room, gymnasium, and 5 treatment rooms. Additionally, there was an extensive business centre with 7 meeting rooms accommodating up to 350 people. The property spans approximately 67,171 sq ft.
The property was a deluxe, 5-star boutique hotel within an iconic riverside building, which is part of a high-quality mixed-use development overlooking the River Thames. This landmark hotel, designed to maximise its riverside location with full-height windows offering panoramic views, opened in September 2010. The exclusive top-floor suites were added in January 2013.
Planning consent was granted on 22nd February 2022 for a change use from hotel and associated facilities (Class C1) on part of basement to mezzanine floors and on the first to fifth floors, and the thirteenth floor to 96 bedroom care home (Class C2) and associated facilities. Application 2021/2594
The property is held on a long leasehold basis under two separate head leases, both expiring on 7th July 2156 (c.132
years remaining).
The first head lease: dated 10th February 2010, pertains basement to the fifth floor of the Altura Tower. The annual rent
for this lease is £2,000, subject to a fixed increase every 25 years.
The second head lease: dated 20th December 2012, pertains to the 13th Floor of Altura Tower. The annual rent for this lease is £250, subject to a fixed increase every 25 years.
The hotel offers a spa facility with a 10m hydrotherapy pool, sauna, steam room, gymnasium, and 5 treatment rooms. Additionally, there was an extensive business centre with 7 meeting rooms accommodating up to 350 people. The property spans approximately 67,171 sq ft.
The property was a deluxe, 5-star boutique hotel within an iconic riverside building, which is part of a high-quality mixed-use development overlooking the River Thames. This landmark hotel, designed to maximise its riverside location with full-height windows offering panoramic views, opened in September 2010. The exclusive top-floor suites were added in January 2013.
Planning consent was granted on 22nd February 2022 for a change use from hotel and associated facilities (Class C1) on part of basement to mezzanine floors and on the first to fifth floors, and the thirteenth floor to 96 bedroom care home (Class C2) and associated facilities. Application 2021/2594
The property is held on a long leasehold basis under two separate head leases, both expiring on 7th July 2156 (c.132
years remaining).
The first head lease: dated 10th February 2010, pertains basement to the fifth floor of the Altura Tower. The annual rent
for this lease is £2,000, subject to a fixed increase every 25 years.
The second head lease: dated 20th December 2012, pertains to the 13th Floor of Altura Tower. The annual rent for this lease is £250, subject to a fixed increase every 25 years.
Property Facts
| Sale Type | Investment | No. Rooms | 78 |
| Tenure | Long Leasehold | No. Stories | 14 |
| Property Type | Hospitality | Year Built | 2010 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | A | Parking Ratio | 0.74/1,000 SF |
| Lot Size | 8.19 AC | Corridor | Interior |
| Building Size | 67,171 SF | Cross Streets | York Road |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 8.19 AC |
| Building Size | 67,171 SF |
| No. Rooms | 78 |
| No. Stories | 14 |
| Year Built | 2010 |
| Tenancy | Single |
| Parking Ratio | 0.74/1,000 SF |
| Corridor | Interior |
| Cross Streets | York Road |
Amenities
- Fitness Center
- Pool
- Restaurant
- Spa
- On-Site Bar
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $815.21 CAD | - |
| Guest Room | 72 | $452.89 CAD | - |
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Altrua Tower | Bridges Court Rd
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