Pall Mall development site up for sale

By Bridging Loan Directory -

 

A Liverpool development site with planning permission for a 12-storey hotel has been put on the market with a price tag of £2m.

The three-acre 70-90 Pall Mall site close to the city centre, has outline permission for the 200-bed hotel, a multi-storey car park, retail and around 240,000 sq ft of offices.

The plans were first approved in 2009 and extended in February on the application of Liverpool architect A2 Architects.

The site, occupied by industrial and office buildings, is now in the hands of Law of Property Act (LPA) receivers. Marketing is being handled by the Manchester office of chartered surveyors Eddisons who did not say who owned the site.

John Shaw, director of agency, said:

“This is a highly versatile site in an emerging area, within easy reach of all city centre retail, leisure and commercial amenities. We have already received enquiries from a number of interested parties and expect this to increase now that the marketing phase has commenced.”