Verve Venues acquires iconic London property

Verve Venues has acquired historic Grade II listed Alfred Waterhouse building in the Holborn Bars complex at 142-146 Holborn. Located in the centre of London, Holborn Bars will operate under the brand Verve City as a non-residential, city-based venue. Spread over six floors, the property will offer conference facilities together with multi-sized meeting rooms and training rooms for up to 250 delegates. Holborn Bars boasts original period architecture, high ceilings, elegant stained glass windows and oak panelled walls housing well-designed, state-of-the-art facilities, providing a historical setting with a modern purpose. The 40,000ft2 property, formerly home to Prudential Plc, has been acquired under a long-term leasehold agreement and will now undergo a sympathetic internal refurbishment programme to fully restore it to its former glory. Holborn Bars set to open for business in October. Verve Venues chief operating officer Tony Dangerfield said: “We are thrilled to have acquired such a prestigious, historic and impressive building. It extends our portfolio to a new level, offering our clients the opportunity to work, learn and relax in a truly beautiful and inspiring space.” Verve Venues is currently carrying out an extensive refurbishment of its 29-strong portfolio, moving its accommodation-based product from a typical two/three-star to a four-star offering, focusing on bedrooms, reception areas, meeting rooms and training areas.

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