base2stay have announced that construction of a second property in Liverpool is underway, with the hotel due to open in September 2010.
 
base2stay Liverpool is situated in the Ropewalks area of the city in a historic industrial building, built in 1865, which is being renovated into a 106 room hotel with the help of a Townscape Heritage Initiative Grant from the Heritage Lottery Fund, North West Development Agency, Liverpool City Council and English Heritage.

The base2stay concept was created by property entrepreneurs Sir John Mactaggart and Robert Nadler, and is backed by Sir John’s Western Heritable Investment Company.  Lloyds Banking Group is providing development finance for the Liverpool regeneration project, having already funded the original Kensington base2stay, which opened in April 2006.
 
Lawson Conroy, Relationship Director, Lloyds TSB Corporate Markets, said, "We are very excited to be working with base2stay.  It's another substantial deal for Lloyds TSB Corporate Markets and continues to enhance our presence in the corporate property market across the UK.  We have already worked with the base2stay management team on their Kensington project in 2006, so we certainly saw the potential in their Liverpool plans.”

base2stay, a brand that offers hotel guests four star comforts with no hidden charges or unnecessary services, is also considering a number of management contract opportunities, whilst it assesses the potential to convert two further properties within Western Heritable’s Central London property portfolio from offices into base2stay hotels.

www.base2stay.com