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Duke Street, Liverpool L1

A rare opportunity to acquire a prime hotel development site located within Liverpool’s most sought-after submarket
Sold
  • A rare opportunity to acquire a hotel development site located within Liverpool’s most sought-after submarket.
  • Hotel planning consent has been granted for a 185 apart hotel serviced apartment scheme (C1) with associated amenity space.
  • The site is situated only 0.3 miles from Liverpool Central Station.
  • Liverpool is one of the fastest growing cities with high level prosperity benefitting from a robust regional economy.
  • Strong demand from UK domestic leisure and corporate travellers.
  • The existing site comprises four Grade II listed Georgian buildings.
  • A selection of varying room sizes ranging from 21 sq m to 37 sq m - 40% of the rooms are larger 1 bed apart hotel rooms and 60% are conventional size apart hotel rooms.
  • Proposed hotel development extends to 82,777 sq ft GIA arranged over basement, ground and six upper floors.
  • Circa 20% of the build is conversion with the remainder being new build.
  • Lapsed planning consent from 2016 to convert (with partial demolition) the existing building in conjunction with redevelopment of the site with the erection of a 4-8 storey building comprising 151 residential units (C3) with ground floor communal use, with associated access, parking, servicing and landscaping.
  • Site comprising .396 acres.
  • Freehold.
  • Guide Price £3,000,000 (Three Million Pounds) subject to contract.
Duke Street CGI
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