£125,000 pa
(£4.02/sq. ft. pa)
Hotel to letPrime Hotel Opportunity, 20-34 Castle Street, Liverpool L2
31,060 sq. ft
Available immediately
Unfurnished
About this property
Liverpool remains a top 5 UK destination for international visitors
Liverpool's hotel market saw a 22.4% RevPAR increase since 2019
Situated in Liverpool's bustling hospitality & tourism district
Near key attractions inc Liverpool One, Royal Albert Dock & Mathew Street
Secured Planning Permission - Approved for conversion to a 92 bed hotel
Self contained access off Castle Street
Castle Street is one of the premier restaurant destinations in Liverpool
Excellent public transport connections with bus/train connections close by
Available by way of a new long leasehold for a term of years to be agreed.
- Liverpool remains a top 5 UK destination for international visitors, sustaining demand for hotels.
- Liverpool's hotel market saw a 22.4% RevPAR increase since 2019, outperforming nearby major conurbations.
- Prime Location Situated in Liverpools bustling hospitality and tourism district, near key attractions including Liverpool One, Royal Albert Dock and Mathew Street.
- Secured Planning Permission - Approved for conversion to a 92 bedroom hotel under Planning Application No: 21F/2507.
- Available by way of a new long leasehold for a minimum term of 125 years at an initial rent of £125,000 per annum subject to rent reviews every 5th Year in line with rpi.
- Benefitting from a self-contained access off Castle Street
The premises provide a ground floor entrance lobby and 6 upper floors that were previously occupied by NatWest Business Centre. The premises are currently fitted as offices and a full strip out and refurbishment is required.
The property is available by way of a new long leasehold interest for a term of years to be agreed. We are instructed to quote an asking rent of £125,000 per annum exclusive of rates, service charge, VAT and any other outgoings. The rent will be subject to review every 5 years in line with rpi.
Planning has been received for the creation of a new entrance off Castle Street and conversion of the upper floors to a 92 bed hotel under application no: 21F/2507.
- Liverpool's hotel market saw a 22.4% RevPAR increase since 2019, outperforming nearby major conurbations.
- Prime Location Situated in Liverpools bustling hospitality and tourism district, near key attractions including Liverpool One, Royal Albert Dock and Mathew Street.
- Secured Planning Permission - Approved for conversion to a 92 bedroom hotel under Planning Application No: 21F/2507.
- Available by way of a new long leasehold for a minimum term of 125 years at an initial rent of £125,000 per annum subject to rent reviews every 5th Year in line with rpi.
- Benefitting from a self-contained access off Castle Street
The premises provide a ground floor entrance lobby and 6 upper floors that were previously occupied by NatWest Business Centre. The premises are currently fitted as offices and a full strip out and refurbishment is required.
The property is available by way of a new long leasehold interest for a term of years to be agreed. We are instructed to quote an asking rent of £125,000 per annum exclusive of rates, service charge, VAT and any other outgoings. The rent will be subject to review every 5 years in line with rpi.
Planning has been received for the creation of a new entrance off Castle Street and conversion of the upper floors to a 92 bed hotel under application no: 21F/2507.
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