Availability

For Sale

Key Points

• Freehold
• Site of approximately 1.51 acres (0.61 hectares)
• Located in densely populated and popular residential area with good amenities
• Close proximity to City Centre and Universities
• 5 minutes catchment approximately 62,519 individuals
• Highly prominent corner position
• Approximately 14,762 vehicle movements daily
• Proposed adjacent site a new 20,000 sq ft Lidl supermarket
• Suitable for a number of uses subject to planning
• Proposals considered on conditional or unconditional basis

Description

The subject site will be cleared and comprise a highly prominent position located on a corner site extending to approximately 1.51 acres.

The surrounding area is predominantly residential in character but it does benefit from having a number of local shopping parades and good local amenities. The subject site will be located adjacent to a new 20,000 sq ft Lidl supermarket.

The subject site is also in close proximity to Paddington Village (The Knowledge Quarter) a 450 acre urban Innovation District covering Liverpool City Centre. Paddington Village is home to the University of Liverpool International College and the Royal College of Physicians at The Spine and Liverpool School of Tropical Medicine with in excess of 70,000 students. Paddington Village is a £1billion development site.

In the immediate vicinity of the subject property there is a Tesco Metro directly opposite. Wavertree Retail Park is located approximately 0.5 mile east, Occupiers on this park include Matalan, Home Bargains, Iceland and Farmfoods. Edge Hill train station is located approximately 0.5 miles to the east which provides direct access to Liverpool Lime Street, the cities principal train station.

Location

Wavertree is a densely populated suburb of Liverpool. The subject property is located in a prominent position on the corner of Overton Street and Harbord Street. Approximately 1.1 miles east of Liverpool City Centre.

The subject site has direct access on to Wavertree Road (B5178) which in turn connects with the M62 motorway approximately 2.5 miles northeast via Edge Lane (A5080). The estimated population within a 5 minute drive is 62,519.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser's funds will also be required.