Baltic hotel in Liverpool on the market for £10.5m
The Baltic hotel in Liverpool has been put up for sale with a guide price of £10.5m.
The 52-bedroom hotel is set over six floors and is located in the heart of the city's Baltic Triangle, which features a range of bars, cafés and restaurants.
It has reported strong trading revenue since opening and is expected to see an increase in popularity as a result of a new train station and Boxpark.
Ryan Lynn, partner in the Knight Frank hotels team, who is overseeing the sale, said: "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."
