52 Unit Serviced Apartment Project in Liverpool Looking for an Operator on Lease or HMA Basis
Location: Stanley Street, 10 minutes walk from Lime Street Station, Liverpool, UK
Name: Open to Operator
No. of Keys: 52 Units including Suites, Studios, One Bed and One Bed Lux apartments
The Property: This 52-unit development sits in the heart of this major city, offering the opportunity for both the leisure and business markets.
The location of the site sits perfectly in balance of the business, tourist and shopping districts of
Liverpool, providing the ideal blend of demand drivers. Stanley Street is in what was once the historical core of the city, formerly known as the commercial hub during the Industrial Era.
The area has taken on a new lease of life as a vibrant quarter in the city with thriving restaurants, bars and independent retailers.
History surrounds Stanley Street with its association to Tommy Steele who designed the famous Eleanor Rigby statue. The street also holds close relations to The Beatles due to its proximity to The Cavern Club and Mathew Street. The street was home to one of the city’s biggest music retailers and is the location of where John Lennon bought his first guitar in 1957.
Planning permission has been submitted – awaiting approval for C1 use. Average room size 22sqm. GIA – 1,444 sqm and NIA – 1,056 sqm.
Main Photo: The central area of Liverpool, much regenerated over recent years.
Tenure: Lease or HMA
Brand/Management: TBA
Financials: Available upon signing NDA, together with floor plans
Current Owner: Orchard Secured Capital, which was taken over in 2016 by Michael Garrett who is now the CEO. The company is involved in successful capital and development projects.
Agent: MRP in partnership with The Hotel Property Team
Guide Price: TBA
Guide Price per Key:
Date Posted: February 2020
THPT Comment: This is a great opportunity to take on management for 50+ serviced apartment property in a central area of Liverpool.
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MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.