Sumary of Boscalt Hospitality buys 15 Old Bailey in London:
- Located in London, the Victorian building is known to be the very first hotel ever in the city to have electric lighting.
- The property is expected to be repositioned into an upper-upscale hotel featuring 110 rooms, a full-service restaurant and bar, and a gym with an estimated 18 months of works remaining.
- ADVERTISEMENT Built in 1874 by Evans Cronk, 15 Old Bailey had been converted to a serviced office building featuring meeting rooms and an executive business lounge.
- Located at the heart of the global financial hub of the City of London, the property is within walking distance of the offices of the mayor global investment banks and law firms, among others.