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Dixie Dean, 67 Victoria Street, Liverpool, Merseyside, L1 6DG

POA
CBRE Ltd, Manchester (Licensed, Leisure and Hotel Property)
SIZE

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SECTOR

45 bedroom hotel for sale

USE CLASSUse class orders: C1 Hotels

C1

Key features

  • Prime Grade II listed Virtual Freehold hotel in the heart of Liverpool city centre.
  • Main retail core of Church Street and Liverpool One is in close proximity and within a 10 minute walk.
  • Large period prominent end terraced four storey and basement hotel, developed and sensitively restored between 2020 and 2021 and comprises 45 individually themed bedrooms and suites arranged as 280 bed spaces with ground floor bar restaurant.
  • Boutique themed lifestyle hotel targeting large groups, leisure guests and the celebration/events market. Ground floor bar and restaurant (120 covers) which doubles as a private events space.
  • The business and trading expectations are extremely positive with continued growth since opening with strong forward bookings leading into 2023.
  • Offers significant and exciting asset management opportunities with upside potential around rebranding and operational platform

Description

SITUATION & LOCATION
The Dixie Dean is situated on a prominent position fronting Victoria Street and Preston Street in the heart of the city centre. The main entrance to the hotel is via Victoria Street. Within a short walking distance to the Hotel is the Lime Street train station, 350m away (Liverpool's main station).Just north of the hotel is St Johns Garden, World Museum, Walker Art Gallery, St Georges Hall - a neo classical venue for concerts and events as well as the iconic 19th century Grand Central Library.

South of the hotel, still within walking distance is the Liverpool One retail led scheme as well as Castle Street famed for its restaurants and bars. The Liverpool Waterfront, Royal Albert Dock and Exhibition Centre is only a 20 minutes stroll away.

DESCRIPTION
The Hotel's design features 45 individually themed bedrooms and suites arranged over part basement and first to fourth floors and provides 280 bed spaces. The largest suite 'Cave' combines a 28 person sleeper with event space, bar, DJ booth and in built jacuzzi's. Combined, this collection of bedroom stock enables the Hotel to appeal to a range of group sizes with an average of 6 to 8 sleepers per room up to a 28 person suite. The ground floor is arranged as main entrance with lobby, reception, lounge area, access core comprising lifts and stairs. Adjacent to the main reception
is the No 9 Restaurant and Bar.

The popular No 9 Restaurant & Bar is located to the ground floor by the main reception and is dedicated to the legendary footballer William Ralph 'Dixie' Dean. No 9 Restaurant & Bar provides a dedicated bar area with lounge and a 120 cover restaurant providing a vibrant offering throughout the week with weekend premium dining packages including bottomless brunch, Sunday lunches, private parties / events including boutique weddings.

TITLE
The land and buildings known as 57 - 71 Victoria Street are held Virtual Freehold under Title Number MS648853. Term 999 years from 7th January 1998 (975 years unexpired) at a peppercorn rental. The Freeholder is Liverpool City Council. Full title details are available in the data room.

GUIDE PRICE
Offers invited.

SERVICES
The Hotel is connected to all mains services including 2 x passenger lifts, fire alarm system and CCTV system.

LICENSES
The Hotel has a Premises License

EPC
The Hotel has an EPC rating of B 35.

TUPE
The purchaser will be required to comply with the relevant legislation in respect of current employees.

PLANNING
Planning and Listed Building Consent was obtained on 18/09/2018 and 20/01/2018 respectively to the change use of Property, comprising three buildings (Carlisle, Jerome and Crown Buildings) to create 42 no. bedroom hotel with ancillary bar/restaurant on the ground floor and spa at basement level, together with internal and external alterations.The Property is Grade II Listed and is located within the Castle Street Conservation Area. All planning based enquires should be directed towards Liverpool City Council's Planning Department

RATEABLE VALUE
The Hotel has a rateable value of £149,00 from July 2019 with rates payable of approximately £76,288 pa

VAT
Should the sale of the property or any right attached to it be deemed a chargeable supply for VAT purposes, such tax will be payable by the purchaser in addition to the sale price.

VIEWINGS
Strictly by prior agreement via CBRE, the retained sole agents.

Brochures

Dixie Dean, 67 Victoria Street, Liverpool, Merseyside, L1 6DG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Moorfields Station0.2 miles
  • Liverpool Lime Street Station0.3 miles
  • Liverpool Central Station0.3 miles

About CBRE Ltd, Manchester (Licensed, Leisure and Hotel Property)

10th Floor, 1 St. Peters Square Manchester M2 3DE

With an integrated network of over 300 wholly owned offices in more than 50 countries, our commercial property consultants advise more clients globally than any other commercial property adviser.

We work with occupiers, investors and developers of office, industrial, residential, retail and hotel property, providing strategic advice and execution for sales and leasing; tenant representation; corporate services; facilities, property and project management; appraisal and valuation; development services; investment management; energy and sustainability services, and research and consulting. To provide this service in the UK alone we have approximately 1,600 people with offices in Aberdeen, Belfast, Birmingham, Bristol, Edinburgh, Glasgow, Jersey, Leeds, Liverpool, London, Manchester, Sheffield and Southampton.

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