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Development opportunity for sale in Liverpool

18-34 Cumberland Street, Liverpool, Merseyside, L1 6BU
For sale
£1,350,000

COMMON USE CLASS: A1 Shops, C3 Dwelling Houses, D1 Non-Residential Institutions

sk-real-estate
This property is marketed by:
SK Real Estate

Key Features

  • SALE PRICE REDUCED
  • City Centre Location
  • Close Proximity to Liverpool One Retail District
  • Suitable for a Number of Uses
  • Three Interconnecting Buildings: NIA approx. 1,593 sq.m (17,147 sq.ft)
  • May Sub-divide and Sell Individually

Development Opportunity

Location

The subject properties are situated fronting onto Cumberland Street within the main business and leisure district of Liverpool City Centre close to its` junction with Victoria Street. The property is located in close proximity to the Met Quarter shopping and leisure complex and is within walking distance of the major Liverpool One mixed use development which includes Liverpool`s main retail core as well as extensive leisure, hotel and residential developments.Victoria Street carries a high volume of city centre traffic including several bus routes with city centre car parks and kerbside pay and display car parking are available nearby.

 

The Property

The subject property comprises three interconnecting buildings, two of which are four storey including lower ground floor comprising commercial units to the ground/lower ground floor with ancillary accommodation the upper floors and a two storey former industrial building previously a occupied for a leisure use.

All exterior windows to the upper floors are single glazed with architraves with flooring predominantly of suspended timber construction except in parts of the rear ground floor and basement where it is laid solid. The building incorporates an enclosed lightwell which provides a reasonably level of natural light to the rear part of each upper floor level.

 

Accommodation

We understand the premises have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) to provide the following approximate areas and dimensions:-

 

18 Cumberland Street

Approx. Net Internal Area: 482 sq.m (5,188 sq.ft)

 

20 Cumberland Street

Approx. Net Internal Area: 550 sq.m (5,920 sq.ft)

 

34 Cumberland Street

Approx. Net Internal Area: 561 sq.m (6,039 sq.ft)

 

TOTAL APPROX NET INTERNAL AREA: 1,593 sq.m (17,147 sq.ft)

 

Tenure

We understand the properties are held Freehold.

 

Planning

We understand the properties benefit from planning permission to change use of the buildings into 25 no. one and two bedroom serviced apartments within Class C1 and external alterations under application number 19F/1289.

 

Further details are available upon request.

 

Price

£1,350,000

 

Rates

Interested parties should make their own enquiry of Liverpool City Council`s Rating Department on 0151 233 3008 or www.voa.gov.uk/business rates.

 

EPC

A full copy of the EPC is available upon request.


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