Park Plaza buys in Park Royal

Park Plaza has exchanged contracts on a development site in Park Royal.

The Hotel operator has acquired 628 Western Avenue, across the A40 from Park Royal tube station, for a reported £6m. The 2.75 acre site formerly owned by Chancerygate would have a new hotel fronting the A40. Park Plaze are reported to be in the process of applying for permission for the scheme.

The site is consented for an office/industrial scheme.

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