The Hoxton, the London hotel set up by Sinclair Beecham, the founder of Pret a Manger, is to be reportedly sold to Morgans Hotels and Invesco Real Estate for around £70m The Shoreditch hotel opened in 2006 and is owned by Bridges Ventures. The Hoxton Grill, the restaurant operated at the hotel by the Soho House Group, will be unaffected by any sale.