We spent two nights in this wonderful hotel at the end of our trekking to Annapurna Base Camp and we experienced a very pleasant stay. Rooms were of high level, very clean and comfortable, in this old palace transformed in a modern hotel, with a large garden and pool with every service. Service very friendly.
Not very near to downtown (15' walking to Thamel), but taxis very inexpensive (200 rps, equal to 2 Euros).
Wireless Internet only in lobby and not in rooms, 4 Euros 1/2 an hour.