Seamus Fahy and David Walsh
Seamus Fahy and David Walsh

Royal Liver Building basement transformed into ‘world-class’ safe deposit vault

Part of the Royal Liver Building has transformed into a safe deposit facility with a £1m investment.

The 1,500 sq ft basement of the Grade I-listed property is now a state-of-the-art vault featuring seismic shock sensors, round-the-clock monitoring and biometric identification technology.

Liverpool Vaults said the security measures protecting its 1,000 safe deposit lockers surpass the standards currently set by banks. It allows private individuals and businesses to safeguard their most valued possessions.

The space is run by Irish firm Merrion Vaults, the parent company of Liverpool Vaults.

Ten people are currently employed at the facility, although this figure is expected to rise to 15 in the next six months.

Merrion co-founder Séamus Fahy said: “We are delighted to open a safe deposit facility in Liverpool, especially in such an iconic location as the Royal Liver Building.

“This is our first facility in the North West and the response has been excellent, with enquiries from both businesses and private individuals.”

He added: “Our goal from the beginning was to create a world-class independent safe deposit box facility. Liverpool Vaults gives clients complete discretion, unparalleled security and absolute piece of mind.”

Co-founder David Walsh commented: “With many major banks no longer offering safe deposit box services to customers, we have seen a huge demand for our facilities, as companies and individuals look to secure their valued possessions safely.

“The Liverpool opening is part of our ambitious plans for further growth across the UK. We are looking forward to establishing the vault in the city and providing a much-needed service which allows customers to store their valuable and irreplaceable possessions.”

Commercial property agency Hitchcock Wright & Partners acted for Merrion Vaults on the Liverpool expansion.

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