A unique opportunity to acquire the long leasehold interest in Tune Hotel, Liverpool and retail unit investment let to Greggs Plc.
Tune Hotel is a Grade II Listed building which was originally built between 1837 and 1839 for the Royal Bank. The property was then granted permission in 2014 to be converted into a three star hotel providing 100 en-suite bedrooms, open lobby and reception area arranged over ground and four upper floors. Tune Hotel has a main entrance on the popular Castle Street surrounded by well-known pubs, restaurants and shops. Close by are future demand drivers such as the £5.5 billion mixed-use Liverpool Waters Development, the £1 billion Paddington Village masterplan earmarked for 1.8 million sq ft of science, technology, education and health space and Everton’s £500 million football stadium relocation to Bramley-Moore Dock which is expected to attract an additional 1.4 million visitors each year.
Tune Hotel is an attractive building situated on the popular Castle Street in the heart of Liverpool City Centre. The property’s core city centre location provides excellent proximity to the city’s key tourist attractions including Liverpool’s waterfront, The Royal Albert Dock and Liverpool One which is the UK’s largest open air shopping centre. The centre boasts over 170 shops, bars and restaurants. The M&S Bank Arena and ACC Liverpool are also located approximately 0.5 miles walk along the waterfront whilst Liverpool’s Ferry and Cruise Terminals are all situated within a 0.7 mile walk. Many other cultural highlights and popular landmarks are also located only a few minutes’ walk away. These include Cavern Quarter (0.1 miles) Cavern Club (0.1 miles), Albert Dock (0.7 miles), The Titanic Memorial (0.5 miles) The Liver Building (0.2 miles), Pier Head (0.3 miles) Goodison Park (2.1 miles) Anfield Stadium (2.1miles) and Aintree Race Course (5.3 miles).
Liverpool benefits from strong connectivity to the UK’s regional and national motorway networks with the M62 providing direct routes to the M6 and Manchester, the M53 provides direct links to Chester and the M56 for access to North Wales whilst the M57 and M58 provides connectivity across the wider Liverpool region. The hotel is situated in close proximity to the city’s busiest train stations – Liverpool Lime Street Station and Moorfields Station are both located less than a mile from the Property. Liverpool Lime Street Station is served by the West Coast mainline and provides regular services to London Euston (2 hours and 5 minutes), Manchester (34 minutes), Birmingham, Leeds and Newcastle Upon-Tyne. The property is also located within easy reach of two of the UK’s international airports including John Lennon Airport (7.3 miles) Manchester Airport (29.7 miles). John Lennon Airport provides national and international flights to over 71 destinations across 37 countries.
*Situated on the popular Castle Street in the heart of Liverpool City Centre Grade II Listed property
*3- star hotel providing 100 en suite guest bedrooms
*Opportunity to rebrand and enhance profitability
*Retail unit investment opportunity let to Greggs Plc
*In close proximity to popular tourist attractions