Key features
- Residential development opportunity.
- Proposed 395 residential apartment scheme
- May be built in 4 phases.
- Can be purchased as one development or sold in 2 parts.
- Will benefit from detailed planning permission for approval. Planning due July / September 2019
Description
The proposed developments benefit from small scale and massing as they are from 5 to 11 storeys in total and benefit from public open squares with a good mix of Studio, One and Two Bedroomed apartments and may be built in 4 phases to suit developers’ requirements. We have also commenced negotiations in reducing the Section 106 contribution.
The car parking provision is at 34% and well within the required car parking provision for developments within this part of the city.
LOCATION
The proposed developments are situated within the area known as Lime Kilns District, close to
The Reach 8 storey residential development and Atlantic Point Student Village.
There are a number of pending sites surrounding the subject site with both detailed planning permission and some of which have commenced the developments and are ongoing to be built.
I also understand some of the sites have already sold a number of apartments in each development where there is a strong demand from developers and occupiers for this location.
The proposed developments are within a short walk to Central Liverpool connecting to Tithebarn Street or Pall Mall to the Central Business District and prime retailing, all within a 10 minute walk.
The sites are also connected to good pedestrian access across Leeds Street with excellent road connections to both Mersey tunnels from Leeds Street (A5053)
ACCOMMODATION
Full detailed plans and elevations are available upon request. We understand the approximate site areas are:
1.63 acres
Both Naylor Street and Oriel Street sites
TERMS
The sites are available for sale freehold subject to obtaining the detailed planning permission which has been submitted for each site.
PRICE
Offers in the region of £5,000,000 For both sites. Alternatively, the sites may be split, price on application
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