German hotelier RIMC Hotels & Resorts has acquired the 30 James Street Hotel in Liverpool, England, previously owned by Signature Living SPV, from administrators Moorfields Advisory.
The hotel is a listed building and was once the headquarters of the White Star Shipping Line.
30 James Street, also known as the White Star Line building, played a crucial role in the story of the ill-fated Titanic. The hotel, designed by architects Richard Norman Shaw and J. Francis Doyle, was where the White Star Line first registered the ship on 24 March 1912.
The deal was facilitated by Savills, although the price has not been disclosed. The hotel includes a restaurant, champagne bar, terrace, conference and banqueting facilities, a spa and pool and 63 bedrooms.
A unique and exciting offer
Duncan Gray, RIMC UK’s managing director, said that the company is planning a “significant investment” into the hotel, the first property in the UK for the German hotelier.
Gray said the investment would “create an exciting and unique offer, befitting of such a prestigious building in the fantastic city of Liverpool”.
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Savills last marketed the property for £12.5m in 2021, but failed to find a buyer. Administrators were subsequently assigned to dispose of the hotel.
Iconic hotel set for its next chapter
Tom Cunningham, hotels director at Savills, announced: “We’re pleased to complete on the sale of this iconic city centre hotel. 30 James Street provides quality accommodation and desirable amenities in a standout location, and we look forward to seeing the hotel take on its next chapter.”