Liscard’s Cherry Tree in line for makeover

Liverpool City Region’s Combined Authority has approved a further £650,000 to support Sefton Council’s plans to redevelop the Strand mall and Bootle town centre.

The investment arm of property firm Glenbrook has sold the 22,500 sq ft No. 1 Dock Road in Wallasey to a regional private investor for £895,000 just over a year after it bought the unit, making a 20% profit. 

The global investment manager has purchased the 162,000 sq ft Mere Grange industrial park in St Helens from commercial developer Network Space. 

The Spanish bank had planned to demolish and rebuild its Merseyside headquarters to create a 220,000 sq ft campus for 2,500 staff, but has cancelled the plans indefinitely due to office market uncertainty.

A chunk of the consumer goods giant’s research and development headquarters in Wirral has gone up for sale, a development site totalling eight acres off the M53.

Hear from Ellandi, Savills, Kampus, CWAC and others as they debate the future of town centres at this special interactive Place North West event with networking, panels and presentations next week.

The developer is close to securing funding from the Liverpool City Region Combined Authority and Merseyside Pension Fund to build a 34,000 sq ft office development in Wirral Waters.

The logistics sector across the North of England has the potential to achieve transformational growth and create an additional 174,000 jobs by 2050 if key barriers are addressed, according to research commissioned by logistics developer Tritax Symmetry and written by planning and development consultancy Turley.

The planned transformation of the market has taken a step forward after the council bagged a seven-figure grant, enabling the project to complete this financial year subject to approval of a business case being submitted in September.