56-62 CASTLE STREET LIVERPOOL TO LET PREMIUM HOTEL OPPORTUNITY • Grade II Listed former bank building in the heart of Liverpool City Centre • Prominent corner position • Centrally located within 2 mins walk to Liverpool One • Close to The Pier Head, Royal Albert Dock and the M&S Bank Arena • Ground floor restaurant occupied by Neighbourhood Bar & Restaurant, part of the East Coast Concepts Limited Group. • 20 ensuite letting bedrooms • 2 meeting/conference rooms • Fully fitted Hotel GREAT HOWARDS ST WATERLOO RD KINGSWAY A59 PALL MALL VAUXHALL RD RICHMOND ROW KINGSWAY TUNNEL BYRON ST BYRON ST ANNE ST A57 A565 WATERLOO 56-62 CASTLE STREET QUAY A5036 LIVERPOOL LEEDS ST PALL MALL K EAST ST BATH ST I A580 N HATTONGR GDNCROSSHALL ST HUNTER ST LOCATION G OLD LEEDS ST E D Liverpool has attracted a significant amount of W BROOKOLD ST HALL ST BIXETH ST A R investment in the years since its designation as D LONDON RD Moorfields A5047 S TITHEBARN ST T DALE ST 2008 European Capital of Culture, which in itself ST JOHNS LN acted as a major catalyst for the redevelopment of LIME ST the city centre. Since 2008 Liverpool has played PRINCES QUEENSWAY Lime Street host to a number of prestigious arts, music and DOCK CHAPEL ST VICTORIA ST LIME ST CASTLE ST THE STRAND sporting events. 5 MINS WALK WATER ST The hotel market in Liverpool is driven primarily by leisure ROYAL LIVER 56-62 CASTLE STREET 10 MINS WALK business, the leisure demand drivers in the city having boomed BUILDING James Street A5038 DERBY BROWNLOW HILL since 2008 with sports, music and retail drawing in significant SQUARE JAMES ST THE QUEEN domestic and international visitors. Liverpool One, Grosvenor’s ELIZABETH LAW COURTS RENSHAW ST retail-anchored development, has strengthened Liverpool’s Central CHAVASSE position as one of the North-West’s most desirable retail A5036 PARK locations, while the M&S Bank Arena hosts regular events with HANOVER STREET leading international acts. DUKE STREET LEECE ST Liverpool is one of the most well-known destinations in the UK STRAND ST and attracts millions of tourists each year. Liverpool’s Hotel performance has improved for the ninth successive year with ROYAL ALBERT LIVER ST occupancy rates over 80% and significantly above the national QUEENSWAY TUNNEL MERSEY TUNNEL DOCK BERRY ST A41 average. Many of the visitors wish to immerse themselves in A5038 the Cities rich history including Mathew Street, home of The Beatles or to visit one of the many museums such as The Tate, The Merseyside Maritime & International Slavery Museum. hours journey time 2 to london major airports within 45 mins 2 drive ABERDEEN M9 GLASGOW M8 EDINBURGH A74(M) NEWCASTLE NORWAY FINLAND GERMANY LONDONDERRY CARLISLE SWITZERLAND AUSTRIA BELFAST M6 A1(M) LEEDS NETHERLANDS YORK LITHUANIA CZECH REPUBLIC M62 BULGARIA LIVERPOOL MANCHESTER DUBLIN HS2 PHASE 2 SHEFFIELD HS2 PHASE 2 NOTTINGHAM M1 M6 CHINA NORWICH MIDDLE EAST AFRICA BIRMINGHAM MILTON HS2 PHASE 2 CORK KEYNES IPSWICH M6 M1 M11 M5 A1(M) CARDIFF LONDON M4 READING M4 USA BRISTOL CANADA M3 M25 M20 DOVER MEXICO CARIBBEAN M5 SOUTHAMPTON BRIGHTON NEWQUAY IBIZA CHANNEL ISLANDS ITALY FRANCE HUNGARY SPAIN CROATIA PORTUGAL GREECE CANARY ISLANDS MALTO MOROCCO TURKEY CYPRUS 1 Royal Albert Dock 13 Ferry Stop 2 Museum of Liverpool 14 Law Courts 3 Hilton Hotel 15 India Buildings 19 4 Chavasse Park 16 Town Hall 12 5 John Lewis 17 Exchange Flags 6 Travelodge 18 Crowne Plaza 18 7 New Proposed Hotel 19 Malmaison 11 20 8 James Street Station 20 St Paul’s Square 13 9 The Port of Liverpool Building 21 Moorfields Station 10 10 Cunard Building 17 11 Royal Liver Buildings 15 12 Cruise Terminal 2 9 16 21 8 56-62 CASTLE STREET 1 7 6 SITUATION 14 The Hotel sits prominently on the corner of Castle Street which has rapidly become one of the premier restaurant destinations in the City. Occupiers 4 include Gino D’Campo, Viva Brazil, Rudy’s Pizza and San Carlo’s. Castle Street is on the edge of 3 LIVERPOOL ONE Liverpool’s main CBD area although HMRC’s occupation of the India Buildings next year will see approximately 3,000 more workers in the immediate vicinity. Liverpool Crown Court also sits on the opposite side of Derby Square from the 5 property. The major attractions of the City are within a short walk of the hotel, being just minutes from Liverpool One, Mathew Street, Royal Albert Dock, Liverpool Arena / ACC Convention centre, and the historic waterfront. DESCRIPTION 62 Castle Street is a boutique hotel with 20 large and individually designed bedrooms that include modern en-suite bathrooms. Internally the building still retains lot of original features including marble pillars and stunning high decorated ceilings. The ground floor retains its original fireplace and polished wooden floors which currently holds a guest seating area. The hotel also benefits from private Meeting Rooms and dedicated kitchen and toilet facilities which are separate from the restaurant on the ground floor. All floors can be accessed via an impressive curved staircase or via a dedicated passenger lift. 56-62 CASTLE STREET LIVERPOOL ACCOMMODATION All areas are measures in a NIA basis 20 bedrooms over 3 floors. Executive rooms up to 587 sq ft. Standard rooms circa 315 sq ft. Floor Sq Ft Sq M No Of Rooms Ground 3,378 313.8 0 First 2,048 190.3 3 Second 3,375 313.5 9 Third 2,960 275 8 Basement 635 59 0 TO LET PREMIUM HOTEL OPPORTUNITY FLOORPLANS GROUND FLOOR FIRST FLOOR FLOORPLANS SECOND FLOOR THIRD FLOOR TENURE VAT ACCESS The premises will be let on an over-riding The property is not elected for VAT. All floors can be accessed via a central FRI basis with the tenant to benefit from the staircase or dedicated passenger lift. income received from the restaurant tenant. Further details of this tenancy are available EPC upon request. LICENCES The property has an EPC of D(88), a copy of the certificate is available upon request. The Hotel currently benefits from an existing RENT Premises Licence LA060068. Further information can be found on the Liverpool Rent available on request. LEGAL COSTS City Councils website. Each party to bear their own costs incurred BUSINESS RATES on any transaction. Rateable Value - £77,000. FURTHER INFORMATION/ VIEWINGS For further information, or to arrange a viewing please contact the joint agents; Allie Bainbridge Tom Cunningham T: 07884 265 760 T: 07894 341 564 E: [email protected] E: [email protected] Misrepresentation Act 1967. Unfair Contract Terms Act 1977 The Property Misdescriptions Act 1991. These particulars are issued without any responsibility on the part of the agent and are not to be construed as containing any representation or fact upon which any person is entitled to rely. Neither the agent nor any person in their employ has any authority to make or give any representation or warranty whatsoever in relation to the property. November 2020. RB&Co 0161 833 0555. www.richardbarber.co.uk.