New Late-Night Venue for Club Kings Piers Adam and Nick House
October 17, 2012
Acting on behalf of Piers Adam and Nick House, leisure property advisors Davis Coffer Lyons has acquired the former Casino at the Royal Garden Hotel at 2-24 Kensington High Street, London W6. A new 25 year lease at a passing rent of £450,000 per annum exclusive from the owners, the Royal Garden Hotel.
Piers Adam and Nick House applied for a new late-night premises licence, which was granted by Kensington and Chelsea borough council. The duo will now open a 6,210 sq ft high-end restaurant bar and nightclub on the premises, to be known as Bodo’s Schloss.
Jonathan Moradoff, Associate Director at Davis Coffer Lyons, This acquisition will be a tremendous addition to the area, thanks to Adam and House excellent track record in the sector and the high demand for this type of property in the vicinity. The property was an incredibly rare off market opportunity and a complicated deal on account of licensing and planning. It makes a superb addition to the duos recent leisure property purchases of The Markham Inn and The Rose, which have both been trading exceptionally well in the high-end sector.
Bodos Schloss will include an old fashioned disco, and billed as reminiscent of an Austrian ski lodge, bringing Alpine tradition to the heart of Kensington. The bar is part-owned by Thomas van Straubenzee and Brompton Brands, of which House and Adam are directors. Tom Parker Bowles, a food writer and Prince Harrys stepbrother, has helped to devise the menu which is based around traditional Austrian dishes. Bodos Schloss will open for business on Friday 26 October 2012.