Knowsley nudges Huyton regen forward with shopping centre buy
The local council has bought 27,000 sq ft of Cavendish Walk to pave the way for the £127m redevelopment of the town centre.
Knowsley Council has acquired just shy of a third of the 100,000 sq ft retail complex from a Jersey-based landlord, which was in recievership.
The strategic purchase is designed to facilitate the regeneration of Huyon town centre, which is being led by Genr8/Kajima.
The scheme proposes an 80,000 sq ft council headquarters, as well as a hotel, homes, and offices.
Watling Real Estate was appointed LPA receiver over the former landlord of Cavendish Walk.
Chris Walker, director at Watling, said: “Knowsley Council has an ambitious10-year development plan for Huyton village centre and the sale of this part of Cavendish Walk is an important piece of the jigsaw.
“We were pleased to come to an off-market agreement with Knowsley Council that enables it to take a step further along the road toward delivery of its strategic vision for the village centre.”
Knowsley Council’s in-house legal team acted for the authority and Addleshaw Goddard advised the receivers.
Quite a canny deal if KMBC have managed to get in and buy just the bit of the centre they need, as a distressed asset, rather than lumbering themselves with a £32 million money pit like Sefton did with Bootle Strand…
By Anonymous
Huyton DOES NOT need a hotel. How about use the space as a place, a main hub for kids/teenagers to go to learn what they want to learn to better themselves, achieve accomplishments, strengthen their prospects to better their mentality, self esteem, confidence & self belief in themselves that they are & can become productive members of society by bettering themselves in a place where they can go to do it and are welcome there to do it knowing that feel they’re not forgotten,useless or pointless.
Young people in my own town of Huyton need places to go and do things were they feel they are getting something achievable and productive out of it whilst along the way making themselves feel proud of something they have accomplished and fulfilled .
Teenagers are being forgotten about whilst at the same time falling into crime and antisocial behaviour acts.
They deserve a chance, an opportunity to prove themselves to doubters by involving themselves in projects they find interesting,fun and commendable.
Please do not let this generation get lost whilst aimlessly going about like zombies on social media. Awaken their abilities for their own futures and the future of Huyton.
By Danny
I think it is a disgrace Huyton Village was once a beautiful shopping centre now its full of bars and restaurants and its inendated with rats .
You need to look at Prescott that has been tastefully regenerated .all the shopkeepers in Huyton Village are closing down such a shame .
I understand we need change but honestly a Hotel .
By Susan Casson
We don’t need a hotel,who is going to stay in a hotel in huyton village its ridiculous,we need more shops instead of more restaurants and the council got a council office already
By Jack
What happened to Kirkby?
By Y Ventre
Knowsley council do not need more office space ,more council houses,would be far better for the local people.
By Anonymous
Council keep saying they have no money. Where is this money coming from (increasing council tax)
By Irene Jenkins
What’s happened to Kirkby knowsley council still all boarded up no cinema loads of empty shops it’s a show where as all the money gone
By Anonymous
Absolutely disgusting what knowsley council have reduced Huyton Village to. The people of Huyton do not need nor want a hotel or more stupid restaurants. Where was the consultation ??????
By J