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Major Redevelopment Opportunity Comes To Market

Written by: Richard Roe on Friday 12/04/2013

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A major redevelopment opportunity, close to Liverpool city centre, is on the market with offers being invited in excess of £2m.

In addition to a 12 storey hotel, 70-90 Pall Mall has outline planning permission for a multi storey car park, offices and workshops on the site which extends to 2.7 acres.

Full planning permission is already in place for class B1 offices and class A1 retail, subject to agreeing the S106 agreement.

The property currently comprises a series of vacant interconnecting industrial, office and ancillary buildings, with extensive hard standing areas.

The site is located just half a mile north of Liverpool city centre on the eastern side of Pall Mall, close to its junction with Leeds Street, and 3 miles to the east of junction 5 of the M62.

It is within walking distance of Liverpool’s commercial district, historic waterfront and cruise terminal.

The marketing of the site is being handled by the Manchester office of leading Chartered Surveyors Eddisons, who is acting on the instructions of the joint LPA Receivers.

John Shaw, Director from Eddisons said; ‘This is a highly versatile site in an emerging area, within easy reach of all city centre retail, leisure and commercial amenities.

‘We have already received enquiries from a number of interested parties and expect this to increase now that the marketing phase has commenced.’

For further information, or to arrange a viewing, please contact John Shaw or James Cole of Eddisons on 0161 831 1690.

Written by: Richard Roe on Friday 12/04/2013

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About the author

Richard joined Eddisons in 2003 and has been the Managing Partner since 2012, a role that sees him lead the strategic direction and development of the business under the ownership of Begbies Traynor Group plc. Richard has been instrumental in the growth of the business which has seen turnover more than double since 2008.

In addition to his role as Managing Partner, Richard continues to play a vital role with key clients, particularly in the banking sector, where he is a trusted adviser to major high street clearing banks. Over the last eight years, Richard has been appointed LPA Receiver on many high profile properties and assists in the recovery of distressed loan portfolios.

Prior to joining Eddisons, Richard worked in the real estate division of a 'Big Four' firm where his notable assignments included the privatisation of Saudi Telecom for flotation on the New York Stock Exchange.

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