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Duke Street Boutique Hotel, 181-185 Duke Street, Liverpool, L1 4JX

£2,250,000

Business rates & charges may apply

Christie & Co, Hotels
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SECTOR

Hotel for sale

Key features

  • Purpose built boutique hotel
  • 30 en suite letting rooms
  • Liverpool city centre
  • Limited service, low maintenance
  • Business has ceased trading
  • Presented in good condition. Energy Rating B
  • Christie & Co Ref: 5646798

Description

Description

The Duke Street Boutique Hotel is a purpose-built limited service hotel of modern construction laid out over lower ground floor, ground floor and three upper floors.

The hotel provides accommodation within 30 letting bedrooms, three of which have direct access to a courtyard seating area on the lower ground.

On the instructions of the Joint Administrators of Duke Street Property Holdings Limited, Edward Gee and Daniel Richardson, of CG Recovery Limited.

Location

The Duke Street Boutique Hotel is located within Liverpool city centre, with a frontage to Duke Street, a principal arterial throughfare through Ropeworks to the south of Liverpool city centre. The hotel is within metres of Chinatown, the bohemian heart of the city.

Popular points of interest near the property include Liverpool Echo Arena and Liverpool One, the UK’s fifth largest shopping centre, comprising 42 acres of land in the city centre with additional leisure facilities.

Liverpool Central railway and Liverpool Lime Street railway station are situated approximately 0.3 miles and 0.5 miles respectively to the north of the property.

Internal Details

Upon entry via the main entrance on Duke Street are stairs and a separate stair lift that take you to the main reception. The reception area includes a toilet which can be easily converted to additional bedroom stock. There is a guest lift in the property, serving all floors. When the hotel was in operation there was no food and beverage facilities on-site and therefore no further public areas. The hotel is air conditioned throughout.

VAT

Please note that VAT at the prevailing rate will be payable on the purchase price.

Letting Accommodation

The hotel provides accommodation within 30 letting bedrooms over five floors, ranging in sizes from 12 sq.m to 17.5 sq.m.

Each bedroom is centrally heated and has a private bathroom, free standing furniture and contemporary styled furnishings, television, WiFi, tea and coffee making facilities and smoke detector.

Each bathroom has a tiled floor and fully tiled walls and contains a shower, wash-basin, WC, towel rail and shaver socket.

External Details

There is a courtyard seating area which three of the letting rooms on the lower ground floor have direct access to.

The Opportunity

The Duke Street Boutique Hotel comes to the market closed and with vacant possession on the instructions of the Joint Administrators.

The hotel is a limited service, 30 bed city centre hotel. Due to the nature of the business it should prove to be fairly low maintenance. The hotel appears to be in a generally good state of repair.

The Liverpool economy is one of the largest within the UK and one of the two core economies in the north-west of England. Tourism and leisure are key components of Liverpool’s economy.

The Duke Street Boutique Hotel provides an excellent opportunity for both local and regional hotel operators that are looking for a well-located property with genuine business potential.

Tenure

We understand that the property is held on a freehold basis.

Business Rates

Confirmation of business rates payable should be obtained from the local authority.

Energy Performance Certificates

EPC 1

Brochures

Duke Street Boutique Hotel, 181-185 Duke Street, Liverpool, L1 4JX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Liverpool Central Station0.3 miles
  • Liverpool Lime Street Station0.5 miles
  • James Street Station0.7 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 5646798-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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