RE Capital has put the “upscale lean luxury” Ruby Stella Hotel in Farringdon on the market and is seeking offers in the region of £50m.
The hotel, which opened to guests late last month, offers 153 contemporary en-suite bedrooms and a vibrant ground floor communal space, featuring a restaurant, bar and courtyard terrace.
Located on Eyre Street Hill, just moments from the Farringdon Elizabeth Line station, the Ruby Stella Hotel has a BREEAM Excellent and a EPC A6 rating.
Luke Dhanoa, head of UK asset management at RE Capital UK, said: “The Ruby Stella Hotel reflects RE Capital’s dedication to delivering high-quality, sustainable assets in prime urban locations. Its lean luxury design and unparalleled location in Farringdon create a compelling opportunity for discerning investors.”
Richard Dawes, director in Savills’ hotel capital markets team, which has been instructed to market the freehold investment opportunity, added: “Savills is proud to be handling the sale of the Ruby Stella Hotel. This is a unique opportunity to acquire a purpose built, high-quality freehold asset in one of London’s most dynamic locations.
“The property’s exceptional sustainability credentials, coupled with a long-term lease to an institutionally trusted operator, make it an attractive proposition for investors looking for long-term index-linked income and capital growth potential.”
