A former 100 bed hotel with an adjoining multi-storey car park sold by Allied Property for future development into a 500 bed co-living scheme. The hotel was originally purchased by an Allied Property client back in 2014. The hotel was subsequently converted to a ‘long stay’ operation and has enjoyed near 100% occupancy near since together with its banqueting and retail spaces. Now 10 years later we are proud to have resold the hotel to another client of Allied Property on an unconditional bases for its future development into a co-living building.

Allied Property are extremely active in the co-living space having been involved in numerous similar transactions throughout the UK in major cities. We have active clients who are seeking well located, large hotels (minimum 100 beds up to 600 beds or more) for conversion and redevelopment into modern co-living schemes. We are also interested in sites or hostels for the same use.