Christie + Co act in sale of Hotel Indigo, Liverpool
Businesses sold
Specialist property adviser Christie + Co has sold Hotel Indigo, Liverpool.
The hotel has a prime location in Liverpool’s business district close to the thriving ‘Waterfront’ area and conveniently located for many city centre attractions including the Echo Arena, BT Convention Centre, Albert Dock, Museum of Liverpool, Walker Art Gallery, Tate Liverpool, Liverpool One and Lime Street Station.
This striking seven storey award winning contemporary hotel opened for business in 2011. The property comprises 151 guest rooms, a fitness room, front and rear terraces, the Cotton Lounge & Bar and Marco Pierre White Steakhouse Bar & Grill which seats up to 120 diners.
Jeremy Jones, Head of Hotels Brokerage at Christie + Co, says: “Liverpool’s reputation over the past few years has grown and grown with accolades such as being named as the 3rd city in the world to visit by ‘Rough Guide’ and the ‘Friendliest UK City’ award by Condé Nast Traveller in 2013 and 2014. The city attracts millions over visitors a year for both business and leisure. The Hotel Indigo encapsulates the style and buzz of the unique city.”
“We saw exceptional levels of interest in the hotel from local and international investors, all attracted to this stylish lifestyle focused hotel.”
Fergus O’Sullivan, Investment Manager, Downing says: “The Christie + Co team did a great job orchestrating and executing a competitive sale process. Hotel Indigo Liverpool is an excellent hotel led by a high quality local management team and we wish the buyer all the best for the future.”
The purchaser was an investment vehicle affiliated with MCAP Global Finance Ltd . The acquisition follows on from their 2014 acquisition of the QMH Group. More recently they purchased the Mint Hotels portfolio from an affiliate of Blackstone and the Doubletree Chester from a private seller. The purchaser remains keen to acquire more hotel assets in the UK.
