Liverpool hotel operator EPIC targets UK expansion after securing new finance

EPIC was established in 2012 by Simon and Fiona Beer and now runs three apart hotel facilities across Liverpool city centre as well as the 128-bed Seel Street Hotel by EPIC. Tony McDonough reports

EPIC
Simon Beer, managing director of EPIC, left, and Jonny Beckwith, area director of Allied Irish Bank (GB)

 

Liverpool hotel operator EPIC is looking to looking to expand its portfolio to other UK cities after securing a multi-million pound refinance package from Allied Irish Bank (GB).

EPIC was established in 2012 by Simon and Fiona Beer and now runs three apart hotel facilities across Liverpool city centre as well as the 128-bed Seel Street Hotel by EPIC opened late last year in partnership with developer the Elliot Group.

And they manage Seel Street Hotel in partnership with developer, Elliot Group.

The company’s next project is a development at 151 Duke Street and Simon Beer says its ambitions new extend beyond Liverpool. He added: “This deal has come at an important stage of growth for EPIC and we are extremely pleased with the outcome.

“The refinance package will allow us to press forward with our next development in Liverpool – 151 Duke Street – and will also facilitate our plans to take the EPIC experience to other cities in the UK.”

Liverpool a leading hotspot for hotel investment – click to read more

Neither EPIC nor Allied Irish have revealed the precise value of the refinancing package. Jonny Beckwith, area director at the bank leads the bank’s Liverpool team who arranged the deal. He said: “EPIC is a young and dynamic business that has won many awards and built up a reputation for offering quality accommodation that appeals to a wide market.

“We are delighted to be working with them to help them with their next phase of growth. Simon and Fiona are working on some very exciting new projects in the heart of Liverpool as highlighted with the recent launch of the Seel Street Hotel by EPIC and also have ambitious plans to expand their brand across the UK.”

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