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Sitting between Leicester Square and Piccadilly Circus, the Trocadero is certainly an architectural icon for tourist London, yet it has a surprisingly unfortunate history and has long suffered from a high turnover of owners and purposes.
However, things could be looking up for the prestigious property, as current owner Criterion Capital has just received approval for its plans to convert the space into a 740-bed pod hotel.
The building is currently split into lots of separate sections, with some shops, restaurants, a cinema and plenty of empty units. The plans put forward by Criterion would combine all the units into one hotel, perfectly located for the hordes of tourists in the area.
A report conducted as part of the planning application states; “The aim is to offer a new hub of affordable accommodation within the very heart of London.”
The hotel will include pod rooms with an efficient keyless entry system, and plenty of state of the art amenities, such as rain showers and instant messaging with staff, a 17,500 sq ft rooftop bar and a 4500 sq ft pool and terrace.
This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.