Martins Bank Building, Liverpool - SOLD

Your search results
Contact Agent Date of Sale: July 2021
Property Id : 33388

Savills has sold Liverpool’s Martins Bank Building to Kinrise on behalf of a subsidiary of Starwood Capital.

Originally proposed for hotel use, the 210,000 sq ft landmark is being revived as an office building rather than a hotel after being on the market at a guide price believed to be £16m.

Kinrise said it would immediately begin a multi-million-pound renovation of the space that would retain its character while bringing in technological upgrades. The company plans to turn the space into grade A offices for both small and large companies.

The ground floor, however, will be public. Kinrise said it wants the space to function as a venue for community events and exhibitions. Other plans include having a café and restaurant on the ground floor and an additional flexible workspace.

This marks the first entry into the Liverpool market for London-based Kinrise, which has five locations in Manchester: Canada House, Northern Assurance Building, Victoria Buildings, 2 Mount Street and 1 Central Street.

The grade-two-listed Martins Bank Building resides on 4 Water Street. Herbert Rowse designed the building, which has been part of the Liverpool cityscape since 1932. The building was slated to become a hotel in 2016 and again in 2019, but nothing ever came out of those plans.

Tom Cunningham

Director, Head of UK Regional Hotels
click to enable zoom
loading...
We didn't find any results
open map
View Roadmap Satellite Hybrid Terrain My Location Fullscreen Prev Next

Latest Sold Hotels

Hotels & Resorts
Sold By

Four Points By Sheraton Melbourne Docklands

96,000,000 AUD
351,648 AUD per room
273details

Sale Date: February 2024
Hotels & Resorts
Sold By

Torbay Hotel Torquay, Devon

Sold off a guide price of GBP 4,950,000
111details

Sale Date: January 2024
Hotels & Resorts
Sold By

Mercure Sunshine Coast Kawana Waters, Birtin...

Contact Agent
81details

Sale Date: January 2024
Hotels & Resorts
Sold By

Stanton Manor Hotel, Wiltshire

1 GBP
per room
23details

Sale Date: January 2024
Tom Cunningham

Compare Listings