Heron Foods

84-86 High Street

Rhyl LL18 1BU

FOR SALE WITH VACANT POSSESSION FORMER SIGNATURE LIVING HOTEL, 56-58 STANLEY STREET LIVERPOOL L1 6AU

ON BEHALF OF PAUL GREENHALGH AND JAMES LIDDIMENT ACTING AS LPA RECEIVERS

Summary

Occupying a prominent and accessible position in Liverpool

city centre

Situated in close proximity to the world renowned Mathew

Street which is home to the Cavern Club

Double fronted property with entrances facing the

Metquarter and Rainford Gardens which forms part of the

Cavern Quarter

Arranged over 8 storeys and previously providing nightclub

and hotel accommodation.

Providing approximately 18,219 sq ft (1,693 sq m) over 8

storeys

Planning permission granted May 2019 to alter and extend

the premises to include a two storey rooftop extension and

additional bedrooms in lower and upper basement floors.

Sold with vacant possession of the whole

Freehold

Seeking offers in excess of £2,000,000 subject to contract

FOR SALE WITH VACANT POSSESSION 56-58 Stanley Street, Liverpool L1 6AU

56-58 Stanley Street Liverpool L1 6AU

Location

Liverpool is the fifth most visited city in the UK attracting over 62 million visitors annually and was voted as the UK’s third most popular destination in Trip Advisors 2019 Travellers’ Choice awards. Prior to the Covid-19 Pandemic Liverpool’s hotel performance had improved for the ninth successive year. Average occupancy rates for hotel rooms had risen to 81.8% which is significantly above the national average.

Situation

The property occupies a prominent position fronting Stanley Street and Rainford Gardens in the heart of Liverpool city centre and within the Cavern Quarter leisure pitch. Nearby occupiers include Casa Italia, Revolution Bar, Pizza Express, The Cavern Club, Turtle Bay, Bistro Qui and Euro Hostel. The premises benefit from a taxi drop off point situated opposite on Stanley Street.

Description

The property is arranged over 8 storeys and provides ancillary accommodation in the lower and upper basements and hotel accommodation over Ground and 5 upper floors. The hotel can be accessed off both Stanley Street and Rainford Gardens. The premises benefit from a passenger lift serving Lower Basement to Fourth floor and a Goods lift serving Ground to Lower Basement. Floor plans are available on request.

Planning Application

Planning consent was granted in May 2019 to alter and extend existing hotel to include a two storey rooftop extension to provide additional hotel accommodation, including rooftop terrace and plant room and internal alterations to existing lower and upper ground basement floors to provide additional bedrooms. Further information is available from Liverpool Planning Portal under application 18F/3259 or from Mason Owen.

Guarantees

No Guarantees will be offered by the Vendor and the property is to be sold on an as is basis.

Money Laundering Regulations

In accordance with Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required for the successful purchaser prior to solicitors being instructed.

Tenure

Freehold

EPC

Band D85 A full copy of the EPC is available at www.epcregister.com

Proposal We have been instructed by our clients to seek offers in excess of the £2,000,000, subject to contract for the freehold interest.

Further Information

Andrew Scott Jamie Moffatt 0151 242 3043 0151 242 3042 andrew.scott@masonowen.com jamie.moffatt@masonowen.com

MISREPRESENTATION ACT 1967

Messrs. Mason Owen & Partners for themselves and for vendors or lessors of this property whose agents they are give notice that:- The particulars are set out as a general outline for the guidance of intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation and other details, are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Messrs. Mason Owen & Partners has any authority to make or give any representation or warranty whatever in relation to this property. Finance Act 1989: Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Property Misdescriptions Act 1991: These details are believed to be correct at the time of completion but may be subject to subsequent amendment. May 2021

56-58 Stanley Street Liverpool L1 6AU

Accommodation The hotel currently provides a total of 17 Aparthotel Rooms (one Duplex), with the ability to sleep approximately 124 guests in double and sofa beds.

The below Gross Internal Areas have been provided for indication purposes only and any purchaser must rely on their own investigations or survey.

sq m sq ft Second Floor sq m sq ft

Lower Basement 211 2,274 Bedroom 29.1 313

Upper Basement 215 2,311 Bedroom 34.8 375

Ground Floor 210 2,257 Bedroom 35.9 386

Mezzanine 28 302 Bedroom 55.1 593

First 212 2,285 Third Floor sq m sq ft

Second 216 2,321 Bedroom 43.7 470

Third 220 2,370 Bedroom 36.8 396

Fourth 220 2,370 Bedroom 36.1 389

Fifth 161 1,729 Bedroom 39.8 428

TOTAL 1,693 18,219 Fourth Floor sq m sq ft

Bedroom 47.6 512

Bedroom Accommodation Bedroom 25.7 277

First Floor sq m sq ft Bedroom 25.3 272

Bedroom 29.1 313 Bedroom 49.7 535

Bedroom 34.8 375 Fifth Floor sq m sq ft

Bedroom 36.6 394 Bedroom 44.9 483

Bedroom 56.2 605 Bedroom 72.5 780