Famous Liverpool hotel fails to attract £12.5m asking price

30 James Street

A Liverpool city centre hotel has been taken off the market after failing to attract viable offers.

The 30 James Street property was offered for sale last year with a £12.5m asking price.

It was previously part of Liverpool-based Signature Living’s portfolio.

It was marketed after the collapse of the company’s hotels division.

The site was originally offered for sale in May 2019, along with sister hotel The Shankly, with a combined valuation of £51m. The 30 James Street site was believed to be worth £17m at the time.

Grade II-listed 30 James Street is one of Liverpool’s most historic landmark buildings. Once known as Albion House, it was previously the headquarters of the White Star Line, owner of the ill-fated Titanic.

Signature Living opened the 63-room 30 James Street hotel in 2014. It includes a spa, conference and events hall and is home to the ‘Carpathia’ restaurant.

An SPV that controlled 30 James Street was being managed by administrators Moorfields Advisory.

In June, 2020, the site was reopened under the management of Legacy Hotels, after Julian Clarke and Matthew Nagle being appointed as LPA receivers of the hotel.

Savills, in the role of receiver and sales agent, was appointed to find a buyer in October 2021, to recoup cash for creditors.

However, the £12.5m asking price has not been met.

Savills has been contacted for comment.

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