A unique opportunity to acquire the long leasehold interest in Tune Hotel, Liverpool and retail unit investment let to Greggs Plc.
Tune Hotel is a Grade II Listed building which was originally built between 1837 and 1839 for the Royal Bank. The property was then granted permission in 2014 to be converted into a three star hotel providing 100 en suite bedrooms, open lobby and reception area arranged over ground and four upper floors. Tune Hotel has a main entrance on the popular Castle Street surrounded by well-known pubs, restaurants and shops. Close by are future demand drivers such as the £5.5 billion mixed-use Liverpool Waters Development, the £1 billion Paddington Village masterplan earmarked for 1.8 million sq ft of science, technology, education and health space and Everton’s £500 million football stadium relocation to Bramley-Moore Dock which is expected to attract an additional 1.4 million visitors each year.
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