Pall Mall development site up for sale
A redevelopment opportunity at 70-90 Pall Mall, close to Liverpool city centre, has entered the market with offers being invited in excess of £2m.
In addition to a 12-storey hotel, the 2.7-acre site has outline planning permission for a multi-storey car park, offices and workshops.
Full planning permission is already in place for class B1 offices and class A1 retail, subject to agreeing the S106 agreement.
The property currently comprises a series of vacant interconnecting industrial, office and ancillary buildings, with extensive hard standing areas.
The site is located half a mile north of Liverpool city centre on the eastern side of Pall Mall, close to its junction with Leeds Street, and three miles to the east of junction five of the M62.
The marketing of the site is being handled by the Manchester office of chartered surveyors Eddisons, which is acting on the instructions of the joint LPA Receivers.
John Shaw, director of agency at Eddisons, said: "This is a highly versatile site in an emerging area, within easy reach of all city centre retail, leisure and commercial amenities.
"We have already received enquiries from a number of interested parties and expect this to increase now that the marketing phase has commenced."
