11,000 sq.ft disposal completed for Accor hotels

Marchmont are pleased to announce the completion of a large disposal for Accor Hotels in Docklands.

Accor Hotels is a French hotel chain with International coverage and includes over twenty hotel brands. These include names such as Sofitel, Raffles, Ibis and Pullman.

The hotel chain appointed Marchmont to undertake the disposal of 11,000 sq.ft of surplus ground floor space on a waterside location at London’s Royal Victoria Dock, Western Gateway Docklands E16 adjacent to ExCeL London.

Despite its desirable location within the vibrant docklands area, the space was failing to attract key retail, restaurant or leisure interest and therefore had been sitting vacant for some time.

With our knowledge and experience of dealing with waterside commercial space, Marchmont identified an opportunity and applied for a change of use and secured planning on the space to convert it into creative office space. Following its approval (Marchmont managed and advised their client throughout the process), Marchmont was able to secure a new letting to Uber, a leading taxi app, as a new tenant for the space.

Kevin Davies, Director at Marchmont Surveyors commented: “This was a very rewarding project. 11,000 sq.ft is a large space to remain vacant, especially in a thriving area like London’s Docklands. Our team supported Accor Hotels throughout the process from the initial strategy review, to applying for change of use consent and then to securing a new tenant. We were delighted to close a deal with Uber as we felt the new creative space fitted in well with their ethos and corporate style. “