Two of the UK’s largest hotels have been put up for sale for around £700m.
The 1,059-room Hilton London Metropole, Paddington, W1, and the 790-room Hilton Birmingham Metropole are being bought to market by Edward Wojakovski’s family-owned Tonstate property group, which has owned them for almost a decade.
The Hilton London Metropole is a freehold property on 1.7 acres of land, making it the largest Hilton-operated hotel in Europe.
The Birmingham Metropole is long-leasehold and is located at NEC Birmingham.
Tonstate bought the assets from Hilton in 2006 for £420m.
CBRE Hotels is advising Tonstate.
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