My guide/driver had trouble finding the hotel as it is tucked behind the shops fronting Talaat Harb. Good central location with a huge shopping complex right across the street and myriad of shops running the length of the thoroughfare. Very central and near the Egyptian Museum.
Basic hotel as you've expected but perfectly adequate. Booked a single and was given a huge room with 4 single beds to myself. Balcony is perfect for people watching. Used their laundry and came back with damp clothes (no sun it seems and I was in a hurry). Hotel is located on the top floor and you need to use a so call "open" lift which was scary initially to get to it. Breakfast was simple as expected.
Overall a good value for what I've paid but was expecting more from reading Lonely Planet.