Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Corporate Services  New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Leading hotel group puts flagship properties up for sale

Leading hotel group puts flagship properties up for sale

Fri, 03 May 2019 | BUSINESS SALE



The Signature Living Group has announced that it will put its two biggest assets up for sale: 30 James Street and Shankly Hotel.

The sale of the properties, both located in Liverpool follows the group's decision to expand into different locations and set aside significant investment in a number of new hotel and residential developments.

New properties for the Signature Living Group have included Dixie Dean Hotel in Liverpool, George Best Hotel in Belfast, RainHill Hall in St Helens and Victoria Mill in Manchester. The group is also planning to launch its first cruise ship enterprise in Spain.

The Titanic-themed 30 James Street, valued at £17 million, was first opened by the Signature Living Group in 2014, and is the former headquarters of the White Star Line, which owned the Titanic. The hotel offers 63 bedrooms, a spa, a conference and events hall and a restaurant. Occupancy rates are some of the highest in the city, averaging 98 per cent.

The Shankly Hotel was opened with the family of late football manager Bill Shankly and has won multiple awards including Hotel of the Year in 2016. The hotel is valued at £40 million and offers a popular restaurant and two major conference and event halls.

Commenting on the sales, Signature Living chairman Lawrence Kenwright said: "The profits from the sale of the hotels will allow us to fuel our major expansion plans as we aim to add another 10 hotels to our portfolio, along with increasing our workforce from 1,400 employees to 3,000 in the next 18 months."

He added: "There is already huge international interest in purchasing the hotels from us. We are carefully considering options and over the last couple of days have discussed our decision with employees and other stakeholders."


Share this article



Latest Businesses for Sale

Provider of Yacht Refit and Surveying Services
UK Wide

Specialises in yacht refits and surveying, providing exceptional service and high levels of efficiency for international clients. Benefits from a wealth of industry-specific experience, with its expertise encompassing a variety of vessels, including...

Asking Price: Offers Invited
Turnover: £7,200,000

FREEHOLD


Marquee Hire and Event Planning Company
Ickenham, Cheshire, North West, UK

Offering high quality marquees with a wide range of sizes. This offers a huge amount of flexibility which allows the company to cater for whatever customers require, from a small marquee in the back garden, to a marquee village, or perhaps catering f...

Asking Price: £290,000
Turnover: £438,450

LEASEHOLD


Tour Operator & Travel Agency
London, UK

A highly successful tour operator and travel agency trading for over 40 years. Offers bespoke travel and tourism packages for the benefit of private, corporate and commercial clients. Specialises in travel to Latin America and the Middle East. A full...

Asking Price: Offers Invited
Turnover: £1,140,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
20
 
May
 

Administrators seek buyer for gourmet instant noodle brand | ADMINISTRATION

Bournemouth-based instant foods brand Mr Lee’s Pure Fo...

 
19
 
May
 

Knights continues acquisition-lead growth strategy with £11.5m deal for law firm | BUSINESS SALE

Legal services company Knights has acquired Portsmouth-headq...

 
18
 
May
 

Insolvencies forecast to surge 37 per cent in 2022 as inflation hits 40-year high | BUSINESS NEWS

Businesses in the UK look set to come under continuing press...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
21
 
Apr
 

Liverpool’s Shankly Hotel goes into administration | ADMINISTRATION

Liverpool’s well-known Shankly Hotel, run by Lawrence ...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.