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Two hybrid hotels in Liverpool and Newcastle city centres have been placed on the market with a combined asking price of more than £7.5m.
Kabannas Liverpool, a 48-bedroom property in the Cavern Quarter, is available for offers in excess of £4.5m.
The freehold hotel on Mathew Street provides 216 bed spaces and recently underwent a refurbishment of its guest rooms and dining areas.
The property includes interactive leisure facilities such as a private karaoke room, darts, and arcade machines.
Meanwhile, Kabannas Newcastle, located at Carliol Square, is offered at a leasehold price exceeding £3m.
The 52-room hotel contains 233 bed spaces and serves both leisure and group markets near the city’s cultural attractions.
Both sites are being sold as going concerns, though the vendors noted the buildings could be adapted for alternative uses.
The sale of the properties are being managed by Christie and Co and are available to purchase individually or as a single package.
David Lee, regional director- hotels at Christie and Co, said: “We are delighted to be instructed to market two superb hotel properties in Liverpool and Newcastle city centres, they are very well established businesses and are for sale as going concerns.
“They do however offer alternative uses that should be of interest to a potential purchaser. The opportunity to purchase a good-sized property in either Liverpool or Newcastle city centre rarely becomes available so we are anticipating significant demand.”
