The Hampton by Hilton hotel at Liverpool John Lennon Airport has been put up for sale with a guide price of £12.5m.
The purpose-built, 160-bedroom hotel, which is located adjacent to the aiport’s terminal building, is offered for sale as a transfer of a going concern (TOGC), subject to the existing franchise agreement with Hilton Worldwide under the Hampton by Hilton brand.
Constructed in 2009, the hotel features a contemporary bar and restaurant, a 100-cover dining area, three meeting rooms and approximately 60 guest parking spaces.
The hotel, which generates revenue of just under £4m per annum, is held on a long-leasehold interest with approximately 109 years remaining with only a peppercorn rent payable, and is available with vacant possession.
Ryan Lynn, partner in the hotels team at Knight Frank, which has been appointed to market the opportunity, said: “This is a rare opportunity to acquire a well-invested, strategically located airport hotel operated under a globally recognised brand. With strong existing cashflow, a stable franchise agreement, and upside potential from brand-led upgrades, we expect considerable interest from a range of UK and international investors.”
