Development Opportunity
Location
The subject property is located on Blackstone Street situated approximately 1.5 miles to the northwest of Liverpool City Centre, making the location well-connected to the city`s central business district, retail areas, and the iconic waterfront. The property is situated in close proximity to the Ten Streets Regeneration area, one of Liverpool`s most ambitious urban renewal projects. Blackstone Street is a key thoroughfare, links Great Howard Street (A565) with Regent Road (Dock Road), positioning the subject property within a significant growth corridor. This area is set to play a critical role as a gateway to Peel Holdings` Central Docks at Liverpool Waters, part of a £5 billion investment aimed at transforming the docklands into a vibrant hub for living, working, and leisure. To the south, the new Isle of Man Ferry Terminal will enhance connectivity, facilitating easier access for both business and leisure travelers and to the north, the highly anticipated Everton FC`s new stadium at Bramley-Moore Dock is expected to draw significant foot traffic to the area.
The Property
The premises comprises a distinctive detached warehouse, dating from circa 1875, offers full-height industrial accommodation with approx.11m eaves of solid brick construction, a curved steel truss roof, complemented by first-floor offices and a large mezzanine with kitchen and WC facilities with dual roller shutter access points from Blackstone and Fulton Streets, Internally, the property benefits from modern finishes, suspended ceiling etc albeit in need of refurbishment suitable for a nubmer of uses, subject to planning.
Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to provide the following approximate Gross Internal Area:
Ground Floor: 830.54 sq.m (8,940 sq.ft)
First Floor: 93.00 sq.m ( 1,001 sq .ft)
Second Floor/Mezzanine: 234.58 sq.m ( 2,525 sq.ft)
Total Approx: 1,158.12 sq.m (12,466 sq.ft)
Tenure
We understand the site is held Freehold
Proposal
Offers are invited on an unconditional basis, on behalf of our client.
Price
£1,500,000
Costs
Our client requires the purchasing party to contribute the equivalent of 2.8% of the agreed purchase price plus V.A.T. towards the client`s agent`s selling fee, subject to a minimum fee of £10,000 plus V.A.T. which is to be paid upon exchange of contracts.
Rates
We understand through internet enquiries that the property has a rateable value of £17,250. Interested parties should make their own enquiry of Liverpool City Council`s Rating Department on 0151 233 3008 or www.voa.gov.uk/businessrates..
EPC
A full copy of the EPC is available upon request.
Viewings
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd - Tel: 0151 207 9339 Contact: Tom Pearson (tom.pearson@skrealestate.co.uk)
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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own research into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Liverpool City Council,
Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: Mains Supply
Broadband: Unknown
Telephone: Unknown
Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No