• Plaza sale

The Crowne Plaza hotel in Ealing, west London has been put up for sale with a GBP16.5m price tag. The 131 room hotel is being marketed for administrators to owner Pedersen, by agent Christie + Co.

The freehold hotel is expected to see strong demand from investors seeking a well let London hotel investment. A second hotel, the Holiday Inn in Bromsgrove, owned by the same group, is also being offered for sale with a GBP3.95m price.

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