The fittings and furniture of the Lanesborough Hotel in London is going to be sold at auction next month, and the items up for grabs include four poster beds, chandeliers, carpets and antique furniture.
The auction is expected to raise around £1.2 million, although if sold separately, the items would possibly raise tens of millions. The luxury London hotel is going to be extensively renovated and will be decorated with new furnishings. The giant chandeliers have an estimated value of £5,000.
Guests pay between £400 for a night and £18,000 for a month – although patrons have access to a butler 24 hours a day and a laptop.
The 93-room venue opened in 1990 and is owned by the Abu Dhabi government, with mainly wealthy Arabs and Russians staying there. The current style of the hotel is Regency, with a mix of antique furniture and replicas.
Over 3,500 lots will be sold at auction, to be held on 9th December at the hotel. The sale will include the original carpets and curtains, which were custom made for the company. Buyers can choose to bid for single items, like an antique chest, or bid for the entire contents of a room.
Furniture of the same high calibre is available at reputable antiques dealers in Lancashire, typically at a lower price, as collectors won’t have to pay the buyer’s premium usually charged at auction. Online bidders may pay a different rate of buyer’s premium to the people attending an auction in person.
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