UK: The Baltic Hotel, located in Liverpool’s Baltic Triangle, is being marketed by Knight Frank at a guide price of £10.5 million.
Baltic Hotel first opened in July 2021 with 52 bedrooms. Town Hotels, the hospitality division of Living Brick, invested around £7 million into the project.
The property has potential to develop a roof terrace and bar in addition to its existing indoor and outdoor pub areas, restaurant, and event space.
A new train station and BOXPARK is anticipated to open soon in the local area.
Ryan Lynn, partner in the Knight Frank hotels team, 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.
“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.”