Bloomsbury, Greater London, United Kingdom
The Royal National Hotel presents a substantial retail leasing opportunity at 38–51 Bedford Way, in the heart of Bloomsbury, central London. Operating under the Imperial London Hotels brand, this established three-star, midscale hotel accommodates 1,379 rooms and attracts a significant volume of domestic and international visitors.
The available ground-floor retail accommodation extends to approximately 11,997 sq ft, offering an opportunity for businesses seeking a prominent commercial presence within one of London's busiest visitor and academic districts. The property benefits from its position beneath the hotel and proximity to Russell Square Gardens, with access to a large established customer base of hotel guests, students, residents and office workers.
Situated in Bloomsbury, within London's Centre North submarket, the Royal National Hotel occupies a prominent position on Bedford Way, just off Russell Square Gardens. The area is an established destination for tourism, education, hospitality and professional services.
Bloomsbury benefits from a substantial local population and a strong concentration of universities and academic institutions, including University College London, SOAS and the University of London. The British Museum and surrounding cultural attractions further contribute to the area's visitor footfall.
The hotel's scale, with 1,379 rooms and accommodation for approximately 3,500 guests per night, provides a significant potential customer base for the available retail premises.
Property Name: Royal National Hotel
Full Address: 38–51 Bedford Way, London WC1H 0DG
Property Type: Ground-floor retail accommodation within a hotel
Location Classification: Urban
Retail Positioning: High street
Hotel Brand: Imperial London Hotels
Hotel Grade: 3-star
Hotel Class: Midscale
Operation Type: Chain management
Hotel Status: Open
Hotel Rooms: 1,379
Total Building Floors: 7
Total Building GIA: 552,896 sq ft
Available Retail Accommodation: 11,997 sq ft
Maximum Contiguous Space: 11,997 sq ft
Accommodation: Ground floor
Construction: Masonry
Year Built: 1950
Hotel Opened: June 1974
Land Area: Approximately 4.10 acres
Land Size: 178,596 sq ft
Parking: Covered parking available
The ground-floor retail accommodation is available at an asking rent of £240,000 per annum, on a Fully Repairing and Insuring (FRI) basis.
Available Area: 11,997 sq ft
Asking Rent: £240,000 per annum
Rent per Sq Ft: Approximately £20.01
Lease Basis: FRI
Prominent ground-floor retail accommodation beneath a major central London hotel.
High-speed internet access.
Public access Wi-Fi.
On-site restaurant and bar facilities.
Existing on-site retail provision.
Meeting and event facilities.
Smoke-free hotel environment.
Covered parking available.
Access to the hotel's substantial guest population.
Significant Hotel Customer Base: The Royal National Hotel accommodates approximately 3,500 guests per night, creating an established potential market for retail, food and beverage or other customer-facing businesses.
Untapped Food and Beverage Opportunity: With breakfast take-up reported at approximately 50%, the premises may offer an opportunity to attract hotel guests seeking alternative dining options.
Established Visitor Destination: The property is located within Bloomsbury, an area attracting tourists, students, local residents and office workers throughout the year.
Strong Academic Catchment: The surrounding district benefits from a substantial student population, supported by UCL, SOAS and the University of London.
Tourism and Cultural Footfall: The British Museum and nearby attractions contribute to the area's established visitor economy.
Substantial Retail Accommodation: The 11,997 sq ft ground-floor space provides scope for an occupier seeking a sizeable retail presence in central London.
Russell Square Underground Station is approximately a 3-minute walk away, providing access to the Piccadilly line. Euston Station is around 9 minutes on foot, while King's Cross St Pancras is approximately 15 minutes away, offering extensive Underground and national rail connections.
For further details or to make a booking, please contact Fraser Bond.