Liverpool's world-famous Royal Albert Dock has been put up for sale for almost £50m.
Just over £49.2m is being sought for the leisure and hotel destination at the heart of Liverpool’s famous waterfront by CBRE Investment Management. The development includes 375,295 sq ft of space occupied by restaurants, bars, offices, two hotels, retail units and museums within the Britannia Pavilion, The Colonnades, Atlantic Pavilion and Edward Pavilion.
The complex was opened in 1846 while a major development took place in the 1980s. Current tenants include Premier Inn, Holiday Inn, The Beatles Story, Gusto, Rosa’s Thai Café and Miller & Carter as well as a number of independent leisure, retail and office occupiers.
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The Royal Albert Dock is also where the Tate Liverpool, the Merseyside Maritime Museum and the International Slavery Museum are also based but do not form part of the deal. Before the Covid-19 pandemic, the destination attracted more than six million visitors a year.
Both CBRE Investment Management and Joiner Cummings have been approached for comment.
The move comes after another of Liverpool's iconic buildings also hit the market earlier this year.
The Royal Liver Building was handed a £90m price tag in March after being put up for sale for only the second time in its 111-year history.
It became jointly owned by Everton majority shareholder Farhad Moshiri after being acquired by international property group Corestate in 2017 for £48m.
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