Hostels for sale in Redbridge, Ilford

Commercial Property in Redbridge available for sale

Hostels for Sale Within 10 miles of the Redbridge, Ilford

More details for 628-634 Commercial Rd, London - Hospitality for Sale

Panda House - 628-634 Commercial Rd

London, E14 7HS

Hospitality for Sale
£10,000,000
15,232 sq ft

London Hospitality for Sale - Docklands

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), extending to approx. 15,232 sqft / 1,415 sqm (GIA). 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 Co-living or PBSA, subject to obtaining the necessary consents. The building can be sold with Vacant Possession if required.

Contact:

GLPG Ltd

Property Subtype:

Hostel

Date on Market:

07/11/2025

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18-22 Wilberforce Road

Hospitality for Sale
£7,500,000
10,627 sq ft
3 Hospitality Properties

London Portfolio of properties for Sale - Finsbury Park

A hotel investment opportunity comprising three adjoining freehold buildings arranged over basement ground, first and second floors, comprising 27 newly refurbished studio flats. There is also a rear car park for 9+ cars and an electric vehicle charging point installed.