Two hotels in the North hit the market
Specialist business property adviser Christie & Co has been instructed to market two city centre hotels, Kabannas Liverpool and Kabannas Newcastle.
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Images: Kabannas Liverpool, Kabannas Newcastle
Offering 216 bed spaces across a range of flexible rooms, Kabannas Liverpool is a stylish 48-bedroom hybrid hotel which has recently undergone a significant refurbishment, upgrading its rooms as well as food and beverage zones.
Positioned on Mathew Street in the heart of Liverpool’s Cavern Quarter, the property combines accommodation with a dynamic food and beverage offering, as well as offering social activities such as a private karaoke room, interactive darts and retro arcade machines.
Also recently refurbished, Kabannas Newcastle is a 52-room hybrid hotel which offers 233 bed spaces as well as vibrant food and beverage facilities.
Situated at Carliol Square, the property enjoys a prime city centre position and is within walking distance to Newcastle’s cultural attractions, making it highly attractive to both leisure and group markets.
David Lee, Regional Director – Hotels at Christie & Co is managing the sale process and commented, “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 should that 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”.
Kabannas Liverpool is on the market with a freehold asking price of offers in excess of £4,500,000, and Kabannas Newcastle is on the market with a leasehold asking price of offers in excess of £3,000,000. The two hotels are available individually or as a package.
For more information about the Liverpool property, visit: https://www.christie.com/5646833/
Newcastle property: https://www.christie.com/6445222/
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