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Baltic Hotel, a “new and unique” hotel situated in the Baltic Triangle district of Liverpool, has been brought to market at a guide price of £10,500,000.
The site first commenced trading in July 2021, and is already said to be an “established and highly profitable business” with strong trading revenue year-round since opening.
It features a total of 52 bedrooms set over six floors, and is said to have an ‘urban chic meets punk’ design. The hotel is situated on the corner of Jamaica Street and features “eye-catching” signage outside.
Liverpool’s Baltic Triangle district is reportedly seen as one of the city’s “foremost creative hubs” which features trendy bars, cafes and restaurants. The area will soon welcome a new train station and a new Boxpark.
It added the property has potential to add an “enticing” roof terrace and bar in addition to its existing indoor and outdoor pub areas, restaurant and warehouse-style event space suitable for weddings and corporate events.
Ryan Lynn, partner in the Knight Frank Hotels team, who is handling the sale, said: “Knight Frank are delighted to be instructed to find a buyer for such an impressive property located in Liverpool’s flourishing Baltic Triangle district.
“Since opening just last year, the business is showing impressive trading performance which we fully expect to improve as the area continues to thrive. The new owners will also benefit from the opportunity to expand the business with additional bedrooms to be added and the potential to add new revenue streams such as a trendy new roof terrace and bar that would be a perfect fit for the area.”
He added: “We expect to receive a large volume of enquiries for the Baltic Hotel, with its urban design likely to entice guests from far and wide to enjoy a stay in this fabulous city for years to come.”
