- Modern serviced offices in Liverpool city centre
- Demand for office spaces at record high
- 6-8% assured annual returns
- Historic grade II listed building
- Fully managed, hands-off investment
- Completion due for Q1 2020
- Prices start at £27,877
31 Dale Street, a grand Victorian style building located in Liverpool’s Commercial District, offers 71 modern office spaces for sale.
The development, built in 1879, was headquarters to the Liverpool Reform Club, an organisation hoping to increase the city’s standing across the country. The building gained more significance when Winston Churchill addressed crowds from the balcony, now part of the office building’s grand boardroom.
The property is to be given an extensive refurbishment whilst retaining its original integrity, featuring open and closed workspaces to capture all preferences: public or private. Grand rooms and ornate staircases across five floors become one with a modern revision to the building to create an impressive, imposing and dynamic work climate ideal to appease the growing demand for prime work and office space.
The development also has access to a bar serving refreshments along with concierge services. The development will also be fitted with the latest safety and security features along with manned security round the clock.
The office building accommodates for a variety of sizes across the five floors, with prices beginning at £. The development is set to complete in Q1 2020.
Delivering an assured annual return of 6% increasing to 8% over 5 years, investors can expect to exit at year 5 with a buy back of 100% from the developer.
The developer has a strong reputation for commercial, retail, domestic and hotel developments in Liverpool and the North West. Their track record is exceptional and has consistently delivered excellent developments.
Demand for office space in recent years has seen a dramatic increase and has therefore led to diminished supply. According to the Liverpool City Region Commercial Office Review for 2018, overall take-up of office space in the city reached a record 867,586 sq ft, up 32% from 2017. However, the rapid rise in demand for the city centre has also led to chronic shortage in such offices as it is reported that there are “no more vacant Grade A office spaces remaining in the Commercial district”
31 Dale Street is positioned in a prime location in the city’s Commercial Centre and therefore has access to the city’s finest bars, cafes and restaurants, allowing for plenty of potential networking opportunities outside of the office.
Excellent transport links are abundant in the area with access to three train stations within a mile of the development; routes in and out of the city are fully accessible by road. Airport accessibility from the city is simple and rapid with John Lennon Airport being 30mins from the development.