£10,000,000

Hotel for sale

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Just added

Guide price

£10,000,000

(£656.51/sq. ft)

Hotel for sale

Commercial Road, London E14

15,232 sq. ft

Local area information

Property location

Nearby amenities

  • Sir William Burrough Primary School 0.1 miles
  • Stepney Greencoat Church of England Primary School 0.2 miles
  • Limehouse 0.2 miles
  • Limehouse 0.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Limehouse, Stepney Green and Docklands to find out more about the local area.

Features and description

  • Panda House is a hostel (Use Class Sui Generis)
  • 59 en-suite units with shared communal space
  • Existing gia of approx. 15,232 sqft / 1,415 sqm
  • The property is subject to a lease expiring December 2029
  • Rent of approx. £873,000
  • Lapsed planning consent for a new build scheme to provide 109 rooms
  • Scope to repurpose the existing building and/or explore alternative living uses
Panda House is a hostel (Use Class Sui Generis) comprising 59 en-suite units with shared communal space, arranged over 4 floors (LG, G, first and second floors).

Existing gia of approx. 15,232 sqft / 1,415 sqm.

The building is situated on Commercial Road in Limehouse, East London, minutes away from the thriving hub of Canary Wharf.

The building occupies an island site, and currently operates as a hostel.

The property is subject to a lease expiring December 2029 at a rent of approx. £873,000.

Lapsed planning consent for a new build scheme to provide 109 rooms (approx 41,883 sqft gia) over 7 storeys plus lower ground.

There is scope to repurpose the existing building and/or explore alternative living uses such as Coliving or pbsa, subject to obtaining the necessary consents.

0.3 miles to Limehouse station.

Offers are invited for the freehold interest in the property.

The building can be sold with Vacant Possession if required.

Floor plans and tours

Floor plans (4)

4 floor plans available

View the floor plans to understand the space and layout of this property.

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. East London
  5. Limehouse
  6. Commercial Road