Could former Burberry offices become boutique hotel?
Administrators handling the sale of a property on London’s Haymarket have suggested it could have a new future as a boutique hotel.
The building was originally developed as a base for Burberry at the start of the 20th century but the fashion brand left its former home in 2007.
The property was part of a investment portfolio belonging to Apprentice star, Paul Kemsley, which went into administration.
PriceWaterhouseCoopers were appointed administrators and have just completed the £20million sale. The Telegraph quotes Peter Spratt, partner and joint administrator at PricewaterhouseCoopers, as saying the building could be redeveloped into a “luxury boutique hotel”, ” high end retail” or “residential accommodation”.
