Liverpool to sell margarine factory
The city council is to offload the Regent Road asset to WasteCare, which wants to expand its operations.
Liverpool City Council’s cabinet approved the disposal of the derelict Merseyside Food Products factory at 185 Regent Road last night, claiming it is surplus to requirements.
The asset, known locally as the Margarine Factory, was bought by the council in 2016 as part of a £3.95m portfolio acquisition.
During that time, the building has deteriorated and been the subject of fly-tipping.
Cllr Nick Small, cabinet member for growth and economy at Liverpool City Council, said the transaction was “illustrative of journey the property services team has been on.”
“I think this is a good deal for the council,” he said.
WasteCare, which operates a recycling facility on the neighbouring site, has agreed heads of terms with the city council to acquire the freehold of the site to facilitate its expansion.
The firm is drawing up plans to redevelop the site, which amount to a “significant capital investment”, according to a cabinet report.
“Illustrative of the journey the property services team has been on”,what journey? selling property.
By Anonymous
Glad to see that something is happening to this building even if it will just be bulldozed for a yard. The question is why did LCC buy this 10years ago and do zero with it… this space (along with anything else they ‘hold’) should be used to move commercial businesses north, freeing the land for the development of residential. There needs to be a bit of musical chairs and these packets of land are crucial to help businesses move.
By G McCain
I am surprised LLC didn’t want to leave the site derelict for another 50 years because of its historical importance as a former manufacturing facility. Of which we have little left in Liverpool. My Mother worked there. I am almost certain it closed way back in the eighties. Looking aged accumulation of the foliage. It no doubt has its own microclimate.
By Stephen Hart
keep spreading the news
By Anonymous
Just looking at your photo there, and there’s acres of land laying idle doing nothing, which needs to be put to good use.
It’s kind of mind blowing that the City Council has owned this land for nearly 10 years, be interesting to know how much they sold it for, and how many more sites like this they own just laying dormant , and with no vision to work in partnership with a developer and put it to good use.
By Anonymous
My dad drove a HGV delivering for this company years ago
By Anonymous
I thought it was secret, but the news has spread all over the area.
By Anonymous
This whole area is derelict. What kind of thinking does this council have. Zero from what ai can see. Not an ounce of vision.
By Bernie
So purchased for the thick end of £4M. It will be interesting to see how much they get for the site now and assess if the decision to spend this vast amount of money was worth it for the council tax payers of the city?
By Anonymous
Disappointing that a heritage site is going to get turned into wasteground.
By Anonymous
The whole area needs doing it’s a mess
By Anonymous
Anon 9.27am, how can you call this a heritage site when it was a previous margarine works. It’s actually adjacent to the working part of the docks so needs to be earmarked for something industrial. It’s a pity that it’s probably only to be a recycling facility but this company obviously believes they can succeed here.
By Anonymous
Good to see a well established professional business expanding it’s recycling and recovery operation for the good of Liverpool and the wider community. Well done Wastecare
By Anonymous
Is it getting turned into another toxic hell hole like Norton
By Geoff
Nortons business is exporting processed metal, where else would you want them to do it, they need large cargo ships to transport it and this benefits the port as well.
By Anonymous
“Liverpool to sell margarine factory”, they need to sell some of those awful defenders they’ve got as well.
By Anonymous