Buyer sought for £5m Tune Hotel in Liverpool

Savills is seeking a buyer for Tune Hotel, a 3-star Grade II listed boutique hotel in Liverpool city centre.

The 100-bedroom asset located on Castle Street is being advertised for £5 million and the sale includes a retail unit let to Greggs.

The real estate advisor is inviting offers for the hotel, which is held on a long leasehold with 150 years unexpired.

What they said

Tom Cunningham, director in the Hotel Capital Market team at Savills Manchester said: “This is a prime hotel opportunity for an incoming buyer with opportunity to rebrand and add value. Tune is in a fantastic location, with Liverpool city centre currently undergoing a huge amount of regeneration. We expect there to be a lot of interest coming forward.”