Iconic hotel brought to market for offers starting at £12.5m
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International real estate advisor Savills has brought to market 30 James Street, a prime hotel in the heart of Liverpool city centre, at offers in excess of £12.5m.
Famously known as the ‘home of the Titanic’, having been the headquarters of the White Star Shipping Line, the Grade II-listed hotel comprises 63 bedrooms along with the Carpathia Champagne Bar and Restaurant on the seventh floor.
News of the Titanic disaster was announced from the building to thousands of people gathered outside on The Strand.
There is also an outdoor terrace with views of the Mersey River and Liverpool Waterfront.
The hotel also houses a grand hall, providing extensive conference and banqueting facilities, as well as a spa with three treatment rooms and an indoor swimming pool.
The property – dubbed by locals ‘the streaky bacon building’ – occupies a central location in Liverpool city centre, with easy access to some of the city’s most visited attractions including the Royal Albert Dock, Liverpool One, Museum of Liverpool and the Tate Liverpool.
The sale of the hotel follows the appointment of Savills as fixed charge receivers in April 2020.
During the first COVID-19 lockdown, the site underwent an extensive refurbishment to overhaul the entire property, creating a standout, newly designed hotel, allowing the business to recover strongly on reopening.
Tom Cunningham, hotels director at Savills Manchester, said: “This sale offers a rare chance to acquire a prime city centre hotel and historic landmark, in one of the UK’s most popular destinations.
“The history of the building, the quality of its provisions and the standout location have, together, created a fantastic opportunity for potential investors and we expect to see good levels of interest.”