Acting on behalf of Hinton Properties, MK2 has advised on the site acquisition and funding of the hotel conversion of St Marks House, Birkenhead. The property is currently being refurbished and will provide a 67 bed budget hotel. Premier Inn have taken a pre-let on a 20 years lease for the completed building.
The refurbishment of the building benefits from Business Premises Renovation Allowances and these were used in the funding of the property to a high net worth family.
Price confidential.
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