Fletcher Bond has been appointed to sell 60 Old Hall Street in Liverpool after development ceased and administrators were brought in at the start of the pandemic.
The development is at varying degrees of completion.
The asking price has not been revealed and Fletcher Bond is inviting offers with best bids due by 20 June 2022. It is hoped the building will be back into commercial use soon.
The property comprises vacant ground floor commercial space suitable for retail or leisure uses with a basement gym which is fully fitted out and apartments to upper floors.
There are 63 apartments to the upper floors inside the existing building, which are at varying stages of completion.
Some of the apartments are nearly complete with fitted kitchens with appliances, fully equipped bathroom suites with jacuzzi baths and floor coverings and decoration throughout.
It has planning consent for a four-storey extension on the roof which would increase the number of apartments to 116 in total although that has not been completed.
A total of 20 apartments have already been sold off to individual buy-to-let investors.
Fletcher Bond is requesting best bids on 20 June 2022.
Rory Dillon, managing director of Fletcher Bond, said: “60 Old Hall Street is the best business address in the city and it is hoped that a proactive investor / developer can acquire this building to put it into use. The area is improving daily with the new Innside Hotel and rooftop bar across the road and increasing footfall in the city post-pandemic.
“The ground floor commercial are easy wins to get income producing soon and the demand for the completed apartments will be really strong given the location and good fit out. We would actively encourage interested parties to get in touch so as not to miss out on this opportunity.”
Fletcher Bond is specialist surveyors dealing with restructuring, agency, valuation and strategic asset management. It is currently growing and looking to recruit additional experienced valuation and agency surveyors.
