The FINANCIAL — An idiosyncratic hotel in Liverpool, together with adjoining music studios, has been put on the market for £1.9m.
Linked to the Parr Street Studios in the Ropeworks area of Liverpool, the hotel, which features 18 bedrooms described as "funky, warm and modern", was designed by co-owner Gary Millar.
Property consultant GVA and Mason Owen are jointly marketing the 20,000sq ft property, which includes two fully equipped recording studios, two bars and event venues (the Attic and Studio 2), 10 offices and a car park, alongside the hotel.
According to Caterer and Hotelkeeper, among a number of collector items included in the sale is the piano used to compose and record Coldplay's Trouble track, complete with Chris Martin graffiti.
Regarded as a piece of musical heritage, the Parr Street Studios and Hotel has seen the likes of Coldplay, Diana Ross, Doves, Elbow, Grace Jones, Moby, Rihanna and Royal Philharmonic Orchestra use the facilities to record international hits.
Andrew Moore, associate, hotels and leisure at GVA, said: "Alongside the interesting collectors' items included in the sale, the purchaser will benefit from an investment income together with an opportunity to run the hotel or lease it out for further investment income, and a piece of Liverpool's musical heritage in what is an eclectic mix of uses within the property."
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