The fittings, furnishings and interiors of luxury boutique hotel apartments, Ascott Mayfair are to go up for auction, following the property’s planned closed in September 2016.
Ascott Limited has revealed that the lease for the hotel will terminate in August 31 2016. The property is owned by Caudwell Collection Ltd and is set to be redeveloped by the owner.
Situated in Mayfair, The Ascott Mayfair is situated in a 1930’s Art Deco building, and the auction will feature 2000 lots from the entire contents of the boutique hotel.
The auction will take place over three days at the hotel between September 1 and 3, starting each day at 10am.
It will include luxury furnishings, TVs, artwork, designer-inspired furniture and sofas, as well as kitchen appliances and top quality beds.
In addition to the apartments furnishings that are being sold, the auction will feature equipment, fixtures and fittings from the fitness centre, terrace and garden, commercial kitchen equipment along with restaurant furniture and the furnishings within the lobby lounge.
A spokesperson for Ascott Mayfair commented on the planned deal:
“Employees at the property are being offered alternative positions across Ascott’s six Citadines London apart’hotels. All guests have been notified and alternative accommodation is being provided at one of the group’s other properties, no further bookings are being accepted.
“Ascott will continue its UK development strategy and recently announced it will open the 108 room Citadines London Islington in 2019 following a £52m investment.”
Ascott Mayfair is operated by The Ascott Limited, a Singapore company and wholly owned subsidiary of CapitaLand Limited. The company currently operates seven properties in London, including the Mayfair hotel – The Cavendish, Citadines Barbican, Citadines Holborn-Covent Garden, Citadines South Kensington, Citadines Trafalgar Square and Citadines St Mark’s – Islington.