Partner Article

New Liverpool hotel honours Red legend

Liverpool’s newest boutique hotel is gearing up for its official opening in August - thanks in part to backing from overseas investors.

The Shankly Hotel is named after Liverpool Football Club’s legendary former manager Bill Shankly, who brought success to the club in the 1960s and 1970s and laid the foundations for its subsequent glories.

Signature Living is working with Ascot Property Investments (API) to secure investment for the scheme. A drive to enlist backing from overseas investors has secured more than £6million for the development.

API is a joint venture between Terry Riley, founder of the main Ascot property group, and one of his executives, Stuart Howard. The firm is based in Waterloo, north Liverpool.

Signature Living is offering a business model where investors can purchase individual rooms at the new hotel which occupies the site of the former Liverpool council offices in Millennium House.

The Shankly Hotel will have 61 bedrooms and 22 serviced apartments, along with a restaurant and bar, and there are plans to add a rooftop bar and restaurant, plus rooftop pool, to be unveiled in 2016.

The new development is thought to be worth £15million. Signature Living are aiming to have the property open in time for the start of the 2015/2016 football season.

Signature Living said: “The Shankly Hotel will offer more than just accommodation. It is set to become a major tourist attraction in Liverpool, which will ultimately promote the city as an amazing destination in the UK.”

This was posted in Bdaily's Members' News section by Simon Malia .