Royal Liver Building for sale for £40m

The grade one-listed Royal Liver Building in Liverpool has been put on the market for the first time, with a guide price of £40m.

CBRE has been appointed as agent by owner Royal London Mutual Insurance Society.

The iconic building, which sits alongside the Cunard and Port of Liverpool buildings at Pier Head, was built in 1911 as the headquarters of the Royal Liver Assurance Group, now Royal London.

The property is a landmark of the city, partly due to the two Liver Bird statues which sit on top of the towers at each end of the building.

The Royal Liver Building is made up of 330,000 sq ft of offices and events space, with 100,000 sq ft currently vacant. Occupiers include Princes Foods, ITV, HSBC, Mott MacDonald and Grant Thornton.

Colin Thomasson, executive director at CBRE, said: “The Royal Liver Building is known worldwide and we expect the sale to attract strong interest from investors in the UK and around the globe. Our clients have been great custodians of this building for over 100 years, and this sale presents an extremely rare opportunity to acquire a unique part of Liverpool’s heritage.”