The amount one of Liverpool's best-known hotels was sold for in a cut-price deal has been revealed for the first time.
BusinessLive reported in May that 30 James Street had been bought by Hamburg-based RIMC Hotels & Resorts.
At the time, the new owners did not disclose how much the property had been acquired for.
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Known as the 'home of the Titanic', having been the headquarters of the White Star Shipping Line, the grade II-listed hotel features 63 bedrooms along with the Carpathia Champagne Bar and Restaurant on the seventh floor.
The hotel also houses a grand hall, providing conference and banqueting facilities, as well as a spa with three treatment rooms and an indoor pool.
The hotel was previously put up for sale in October 2021 but the move was shelved in after the asking price of £12.5m failed to be met.
Savills marketed the property having appointed Legacy Hotels, which is known for running the Pullman Hotel on the waterfront, to operate the business in
The hotel was launched by Signature Living in 2014 before it
The building was designed by celebrated Victorian architect Norman Shaw, who also designed New Scotland Yard in London, and was completed in 1896.
The hotel had previously been put on the market in 2019 with an asking price of more than £16m.
Now, a newly-filed document by Moorfields Advisory with Companies House has revealed the hotel was sold for just over £5.5m.
When the hotel first entered administration, creditor Mount Street Serving was owed around £7.5m.
Moorfields Advisory's new document states that £4m has so far been paid and it is expected the company will receive a further £1.2m but will not be paid in full.
