Redevco seeks to reduce retail space
The owner of 18-20 Church Street in Liverpool is taking steps to attract a wider range of occupiers to the 83,000 sq ft building as fashion retailer Next prepares to vacate in the coming months.
Next occupies four floors of the six-storey building, including the basement, but plans to relocate elsewhere in Liverpool when its lease expires.
Investment manager Redevco has now lodged an application to Liverpool City Council seeking to change the use of part of the building. A gym, socialising space, storage unit or a combination of the three, have all been mooted in the application.
The ground floor is likely to remain as a retail unit with alternative uses plotted for the other floors. Any internal alterations required to accommodate future occupiers would be subject to further planning applications, according to the planning documents.
The change of use application is recommended for approval when Liverpool City Council’s planning committee meets tomorrow.
Savills is the planning consultant for the scheme.