ABTA has denied it plans to sell its Newman Street premises despite a recent approach by an interested buyer.

But chief executive Mark Tanzer admitted ensuring ABTA was in the right offices in the right location was an “ongoing issue” for the board to consider.

An offer at the end of last year was not taken any further “for various reasons”.

He said: “We are often approached by people to see if our building is for sale and we were in that situation at the back end of last year.

“If someone were to offer us a great price we have to listen. But we are not actively marketing the building for sale.”

ABTA is believed to have bought its current offices off Oxford Street in central London for around £4 million in 1996. The mortgage is paid off and for the last 18 months ABTA has let out the top two floors.

It is unlikely ABTA would consider a move out of London, added Tanzer.

He said: “The board has not had any discussions about where the association would go if we were not here.”