Watson Building Renshaw Street

Agents appointed to Watson Building

The office agency teams at CBRE and Mason Owen & Partners have been instructed by West Nile Developments to market Liverpool's Watson Building, which is undergoing a £16.5m investment programme to create 75,000 sq ft of offices.

West Nile's plans were approved last summer to extend and refurbish the Watson Building in Renshaw Street, which was left vacant for many years, into a modern office facility. The scheme is part-funded by the European Regional Development Fund and received a £5.6m loan from Merseyside's Chrysalis Fund which was created to support economic regeneration in Liverpool.

The Watson Building refurbishment is part of the wider Central Village development. Central Village includes a 455-space multi-storey car park, an Adagio aparthotel, 75,000 sq ft of offices within the former Lewis's department building and leisure accommodation which is part pre-let to occupiers including Prezzo, Cosmo, Harvester and Pure Gym.

Neil Kirkham, associate director at CBRE, said: "Its location is unrivalled, as from an employer's perspective, it's hard to surpass the amenity offering on the doorstep. We expect high interest from occupiers who are keen to attract and retain staff through occupying one of the most strategically positioned buildings within the city centre."

Bowmer & Kirkland is the contractor.

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