£4.5m acquisition of Grade II-listed Liverpool city centre site.
Home to restaurants and an aparthotel, the large site provides an income of £293,000 per annum
We sealed the deal for this prominent mixed-use site in Liverpool city centre containing restaurants and an aparthotel.
We purchased the Grade II-listed Castle Street building from RSL Property Management, with the support of CBRE’s Manchester OPRE team.
The building offers a multi let, long term income stream in the heart of the city which continues to evolve as the one of the Liverpool’s main premium bar restaurant and leisure locations.
We know that well-located, leisure investment opportunities with long term income profiles are highly sought after and are proud to have invested in this one.
The building was renovated and converted in 2016 and is situated in a prime position fronting both Castle Street and Water Street in Liverpool’s commercial core, with adjacent operators including Gino D’Acampo, Rudy’s Pizza, Bacaro, Alchemist and Restaurant Bar & Grill.
David Searle, our COO, said: ‘’We are excited to have acquired this landmark building in the heart of Liverpool City Centre.”
“We continue to focus on investment and asset management opportunities across a range of sectors within Manchester, Liverpool and the wider North West.”
HS Property Group are acquisitive for more opportunities and are very much open for business.Stay in the loop to see what else we have in store for Castle Street and many others in this market.