A fully operational and licensed hostel in Kilburn, London, is up for auction on May 28, 2025. The property features 15 rooms and 99 bed spaces, with potential for further development subject to consent. The hostel is located on Chatsworth Road, close to Willesden High Road and Kilburn High Road, offering easy access to local amenities. The property has lapsed planning consent for various extensions and conversions, including a rear extension and dormer to create more bed spaces, as well as a conversion into residential units. Additionally, planning has been submitted for the erection of an outbuilding in the garden and the relocation of an existing outbuilding. With a potential annual revenue of £889,521 at full occupancy, this property is an attractive opportunity for investors, developers, and hotel operators.