Real EstateUK

The Hut Group submits redevelopment plans

redevelop properties

The firm wants to redevelop properties into offices as it continues its city centre hospitality venture

The listed e-commerce firm wants to redevelop three properties on Kennedy Street into offices for beauty brand ESPA, a restaurant, and boutique hotel accommodation as it continues its city centre hospitality venture.

Under the proposals, designed by EPR Architects, numbers 16, 20 and 24 Kennedy Street would be converted. Number 16, most recently used as offices, would be upgraded to create office accommodation and training studios for ESPA, one of The Hut Group’s brands.

Numbers 20 and 24 would be operated as part of the King Street Townhouse, which The Hut Group bought in 2019 as part of its acquisition of Eclectic Hotel Group.

Number 20 would house six bedrooms, a ground floor restaurant, event space and a roof terrace, while number 24 is earmarked for use as a “townhouse for private rental to cater to high net-worth individuals”, according to a design and access statement by EPR.

The proposals complement plans to upgrade and extend the 40-bedroom Kings Street Townhouse, located opposite the Kennedy Street properties.

The Hut Group is also advancing plans to refurbish Great John Street Hotel, another former Eclectic asset, having submitted a planning application in May 2020.

Gardiner & Theobald is the project manager and quantity surveyor for the project and Euan Kellie Property Solutions is the planning consultant.

Stephan Levrant Heritage Architecture is advising on heritage and WSP is the structural engineer.

Nearby, The Hut Group acquired 12,000 sq ft of ground floor and basement space within 100 King Street in 2019.

The space was previously occupied by restaurant Jamie’s Italian and The Hut group plans to convert it into an experiential marketing space to showcase its brands.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Invest for Property. The information provided on Invest for Property is intended for informational purposes only. Invest for Property is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

Leave a Reply