Admiralty Arch to be luxury hotel
Historic landmark Admiralty Arch is to be turned into a luxury hotel after the Government agreed to lease it out for £60 million.
The ceremonial gateway between The Mall and Trafalgar Square, which was built as a memorial to Queen Victoria, has been leased for 99 years to development company Prime Investors Capital (PIC).
It wants to transform the building into a five star 100-bedroom hotel complete with royal and presidential suites, a ballroom, spa and fine dining restaurant. Residential apartments are also planned for the first and second floors on the north side of the arch.
The deal is dependent on Westminster City Council granting planning permission for the multi-million pound conversion of the Grade I listed building.
Developers said the cost of the overhaul would be determined by what plans the local authority would consent to and admitted they did not have a “concrete time” for when they hoped to open the doors to the public.
Cabinet minister Francis Maude insisted the Government had secured a “good price” for the building and dismissed claims it would become the preserve of the super rich. He said: “It is not the preserve of anyone at the moment and it won’t be. The bars and restaurants will be open to the public.”
He added: “We think the price is a good price, a fair price. Obviously our main concern was to make sure the building is properly looked after, properly renovated and treated with the respect and affection it deserves.”
Up to 100,000 visitors a year are expected to pass through the hotel, according to Spanish investor Rafael Serrano. He said: “We anticipate the number of people will be between 40,000 and 50,000 guests a year and we hope it will attract another 50,000 visitors.”
The arch has been the focus of many national ceremonies over the last century, most recently the post-Olympic and Paralympic celebrations. It was commissioned by King Edward VII as a tribute to his mother Queen Victoria and was completed in 1912.
Officials said they had “kept in touch with the palaces” over the plans but refused to say if the Royal family had expressed a view.
Latest posts by Sally - Silversurfer's Editor (see all)
- Get your home ready for Christmas - November 16, 2018
- The Ideal Fashion Retailer You Need To Know About - November 15, 2018
- Tafika is now 10! - November 13, 2018
- Three simple steps for quicker and safer wound healing - November 12, 2018
- Arlene Phillips reveals hearing loss - November 12, 2018
Leave a Comment!
Community Terms & Conditions
These content standards apply to any and all material which you contribute to our site (contributions), and to any interactive services associated with it.
You must comply with the spirit of the following standards as well as the letter. The standards apply to each part of any contribution as well as to its whole.
be accurate (where they state facts); be genuinely held (where they state opinions); and comply with applicable law in the UK and in any country from which they are posted.
Contributions must not:
contain any material which is defamatory of any person; or contain any material which is obscene, offensive, hateful or inflammatory; or promote sexually explicit material; or promote violence; promote discrimination based on race, sex, religion, nationality, disability, sexual orientation or age; or infringe any copyright, database right or trade mark of any other person; or be likely to deceive any person; or be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence; or promote any illegal activity; or be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety; or be likely to harass, upset, embarrass, alarm or annoy any other person; or be used to impersonate any person, or to misrepresent your identity or affiliation with any person; or give the impression that they emanate from us, if this is not the case; or advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.
Nurturing a safe environment
Our Silversurfers community is designed to foster friendships, based on trust, honesty, integrity and loyalty and is underpinned by these values.
We don't tolerate swearing, and reserve the right to remove any posts which we feel may offend others... let's keep it friendly!