Shankly Hotel Liverpool
The hotel was being marketed for sale for £35m last year

Signature’s Shankly Hotel in administration

Sarah Townsend

The Liverpool hotel run by developer Lawrence Kenwright’s Signature Living Group has collapsed into administration citing pressures from the Covid-19 pandemic, and after being put on the market last year.

The Shankly Hotel at 60 Victoria Street in the city centre includes 59 aparthotel-style bedrooms celebrating Liverpool FC football player and manager, Bill Shankly.

The hotel, which was established in 2015, also has a bar and restaurant, two event suites, two rooftop terraces and an underground car park.

Matthew Ingram and Michael Lennon at Duff & Phelps have been appointed joint administrators of the hotel’s management company, Signature Shankly, this month, and said in a statement on Friday they have been working with the directors to understand the “future trading outlook of the hotel”.

The hotel is currently closed while coronavirus-related restrictions are imposed across the entire UK hospitality industry. However, it is expected to open for business as usual once restrictions are lifted, and all wedding, events and accommodation bookings are being honoured and new booking enquiries still being accepted, the statement added.

Lennon said: “The hospitality industry as a whole has seen increased pressures in recent years and has now been instantly hit incredibly hard by the Covid-19 pandemic.

“As a result, the Shankly is temporarily closed, although management’s expectation is that once the lockdown is lifted trading will continue as normal.”

Signature Shankly holds the leasehold interest of the 100,000 sq ft building. Last September, Place North West reported that the company’s owner Signature Living, the hospitality and residential developer headed up by Kenwright, put The Shankly and another of its Liverpool hotels, 30 James Street, on the market with Savills for £35m and £16m respectively. Part of the ground and first floor of the building is taken up by a gym leased to Liverpool Council for 10 years.

Duff & Phelps was unable to say whether the Shankly building is still being marketed for sale.

The administrators said the wider Signature Living Group remains unaffected. Other projects being brought forward by Kenwright include the Dixie Dean Hotel, the Cavern Walks Hotel and Kingsway House.

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It looks like things are going to unravel in a big way…

By anonymous surveyor

It was in trouble way before COVID19 and being put up for sale

By mike

I have a wedding booked here. Wonder if i will be able to get any of my money back

By chris

Lets be honest they will be no great loss to the city, all they do is give it a bad name ripping investors off and not paying people. How they continue to get away with that half finished scheme on Old Hall St from a H&S perspective is beyond me.

By bday

What about the Commercial Hotel , Manchester ? They have destroyed the building and left the listed building derelict and under threat .

By Barny

Shame, great hotel for stag and hen parties, a massive part of Liverpool’s economy

By Dan

WHS should have been removed because of Signature Living and their unfinished roof extensions. Still MDF boards visible and flapping in the wind here and on 30 James Street years after opening and on numerous other buildings in the core World Heritage Site. Company with zero respect for one of Europe’s finest cities.

By Anon

Many more to follow sadly. Our cities are going right back to square one.

By George

Barney…This isn’t about you for once.

By Harry J

The Ratners of the hotel and leisure industry. Chavtastic!!

By Old Hall Street

It could be made into offices.

By Michael McDonut

I suppose this means we won’t see the big slide completed now? I was looking forward to celebrating my 100 birthday sliding down it on my stag night.

By Arl fella

We need to encourage our good entrepreneurs, developers and quality operators, and shake off the half baked cowboys.

By Red Squirrel

Signature Living hiding behind Covid-19 as the reason for their downfall is a slap in the face to all those legitimate businesses trying to keep their heads above water right now

By Ralf Darwin

Liverpool Council have a lot to answer for with the unabated and unchecked developer vandalism in the city.

By John Smith