Liverpool office building on market - commercial mortgages

09 April 2008

In news which may be of interest to those seeking commercial mortgages for office property, such a building has been put up for sale in the centre of Liverpool.

The office block at 60 Old Hall Street is on the market for £6.5 million and has permission already granted for substantial refurbishment, the Liverpool Daily Post reports.

It has over 60,000 sq ft of space in total and has been put up for sale by Hitchcock, Wright and Partners.

Brian Ricketts, a partner at the firm, told the paper: "The building offers a unique opportunity for a purchaser to acquire and undertake a major refurbishment in what is now widely recognised as Liverpool''s prime commercial core."

A similar sum has just been paid for an office building in the heart of Leeds.

The 21,000 sq ft Merton House office building has been bought by Kenmore Properties from Royal London Asset Management for £6.8 million, reports property Week.