residential development opportunity being sold on …€¦ · attractive prospect for employers...
TRANSCRIPT
RESIDENTIAL DEVELOPMENT OPPORTUNITY
An opportunity to purchase a site benefitting from planning for 410 residential units.
RESIDENTIAL DEVELOPMENT OPPORTUNITY BEING SOLD ON BEHALF OF STEVE WILLIAMS AND DAVID ACLAND JOINT FIXED
CHARGE RECEIVERS IN THE NAME OF HILL TOP RISE LTD.
LIVERPOOL L6 1EJ
HILL TOP RISE
LOW HILL
HILL TOP RISE, LOW HILL, LIVERPOOL L6 1EJ / 02
INTRODUCTION
JLL and Wignall Brownlow are instructed by Steve Williams and David Acland
Joint Fixed Charge Receivers who were appointed by Amicus Finance PLC (in administration) in respect of its Charge
over Hill Top Rise Limited.
LIVERPOOL L6 1EJ
HILL TOP RISE
LOW HILL
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LIVERPOOL L6 1EJ
HILL TOP RISE
LOW HILL
LOCATION
Liverpool is an exciting, young and vibrant city to live; the City has a population of c.478,600 with the wider city region being home to c. 1,524,600.
The Liverpool city economy is one of the fastest growing in the UK with GVA forecast to grow at 2.1% p.a from 2019 – 2023.
Office take-up in 2018 within Liverpool city centre exceeded 736,000 sq ft, increasing by around 52% year on year, and up 96% compared with five years ago. Notably the Government Property Unit took 270,000 sq ft of the India Building City Centre office accommodation to house 3,500 HMRC staff.
The city has a large student population with the total under-graduate student population for the city standing at c.55,000 students. This makes Liverpool an attractive prospect for employers given the highly qualified workforce. Liverpool is ranked 7th in England for rates of graduate retention, this is ahead of Leeds, Bristol, Sheffield, Nottingham, Southampton, Oxford and Cambridge.
Within a 1km radius of Liverpool Lime St, the main railway station 79% of the population are under 35, an age group much more likely to rent and increasingly staying in rental accommodation for longer periods of time.
Major employers in the city centre include; HMRC, BT, KPMG, Hill Dickinson, Maersk Line & HM Passport office.
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HILL TOP RISE
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CENTRAL
MOORFIELDS
PR
INC
ES D
OC
K
CANNINGDOCK
ALBERTDOCK
SALTHOUSEDOCK
RIVER
MER
SEY
JAMESSTREET
LIVERPOOLLIVERPOOLCITY CENTRECITY CENTRE
P
AR
AD
ISE
ST
WH
ITEC
HA
PEL
QUEENSWAY
MERSEY
TUNNEL
ST PAUL’SSQUARE
COMMERCIALQUARTER
MASTERPLAN
LORD ST CHURCH ST
PARADISE STREET(LIVERPOOL ONE)
MET
QUARTER RETAIL DISTRICT
CentralBusinessDistrict
UNIVERSITY OF LIVERPOOL
LIVERPOOL JOHN MOORES
UNIVERSITY
LIVERPOOLHOPE
UNIVERSITY
LJMU COPPERAS
HILL CAMPUS
REDMONDS BUILDING
LIVERPOOL JOHN MOORES
UNIVERSITY
THE JOHN LENNON ART & DESIGN
BUILDING
LIVERPOOL SCIENCE PARK IC2
LJMU CITY
CAMPUS
LIMESTREET
DUKE’S DOCK
WAPPING BASIN
QUEENS DOCK
BRUNSWICKDOCK
EDGE HILL
THE ROYAL LIVERPOOLUNIVERSITY HOSPITAL
KIN
G E
DW
AR
D S
T A
5052
NEW
QU
AY STRAN
D ST A5036 W
AP
PIN
G
LEEDS ST A5053
KINGSWAY
ST A
NN
E S
TR
EE
T
HUNTER STREET CHURCHILL WAY NORTH
C
HAPEL ST
T
ITHEB
ARN STR
EET
GREAT CROSSHALL ST
OLD H
ALL ST
PALL MALL
VAU
XHA
LL RD
HATTON G
ARDEN
W
ATER ST
DALE ST
A57
Q
UEENSWAY
CHURCHILL
W
AY SOUTH
MO
ORFIELDS
JA
MES ST
VICTORIA
ST
CRO
SSHALL S
T OLD
HAY
MAR
KET
ST.JOHN’S LANE ST. GEORGE’S PLAC
E LIME S
T REN
SH
AW S
T
LEECE ST HARDMAN ST
LI
ME
ST
COPPERAS H
ILL
CANNING PLACE DUKE ST
LONDON RD
ISLINGTON
HANOVER ST
R
ANELAGH ST
CA
STLE S
T
EXCH
ANG
E ST
NEW ISLINGTON A580
PEMBROKE PL
BROWNLOW HILL
BROWNLOW HILL
MOUNT PLEASANT MOUNT PLEASANT
OXFORD ST OXFO RD ST
SEY
MO
RE S
T
RU
SS
ELL S
Q
CLA
RE
NC
E S
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RO
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PARK LANE
MYRTLE ST
CANNING ST
GR
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NE
WTO
N S
T
GR
OV
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T
GR
OV
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T
LO
W H
ILL
PRESCOT ST
LONDON RD
CAT
HER
INE
ST
SKELHORNE ST
ST JAMES ST
CH
ALONER STPARLIMENT ST
JAM
AC
IA S
T
GR
AFTO
N S
T
SE
FTON
ST
ST JAMES PLACE
MILL S
T
WIN
DSO
R ST
PRINCESS RD
UPPER PARLIMENT ST A562
MT VERNON ROAD
SMITH
DO
WN
LANE
BRUNSWICK R
OAD A5049
L
OW
HIL
L
10 MINUTE WALK
SITUATION
Excellent location walking distance from Liverpool City Centre within close proximity to The Royal Liverpool University Hospital and the University of Liverpool. Liverpool Lime Street Train Station is just 1 mile to the west of the site.
There are regular bus services to Queen Street bus station which is approximately 300m from Lime Street Train Station. Buses from Queen Street serve the wider city with destinations including Bootle, Kirkby, Preston, St Helens and Wigan.
Nearby amenities include Tesco Express, Post Office, Domino’s Pizza and Starbucks.
The site is ideally located for employment hubs including the Royal Liverpool University Hospital which is the largest and busiest hospital in Merseyside and Cheshire and the largest A&E of its type in the UK. The Hospital neighbours the University which has over 29,000 students and employs over 5,600 staff.
5 MINUTE WALK
30 MINUTE WALK
LIVERPOOL L6 1BS
HILL TOP RISE
LOW HILL
LIVERPOOL L6 1EJ
HILL TOP RISE
LOW HILL
HILL TOP RISE, LOW HILL, LIVERPOOL L6 1EJ / 05
LIVERPOOL BIRMINGHAM152 kms (95 miles)1 hour 37 minutes
GLASGOW352 kms (219 miles)3 hours 10 minutes
EDINBURGH350 kms (218 miles)4 hours 15 minutes
LEEDS120 kms (75 miles)1 hour 33 minutes
MADRID2.35 hours
PARIS1.30 hours
ANTALYA5.70 hours
GENEVA1.50 hours
BERLIN2 hours
AMSTERDAM1.20 hours
MARRAKESH3.30 hours
LONDON290 kms (213 miles)2 hours 12 minutes
MANCHESTER55 kms (34 miles)
34 minutes
LIME STREET STATION5 minutes
17 minutes
CITY CENTRE7 minutes
23 minutes
CONNECTIVITY
The city is well located to benefit from the North West motorway network being at the western extreme of the M62 transpennine motorway, with junction 4 of the M6 motorway 5 miles to the east. The M57 and M58 motorways also service the city, whilst two road tunnels connect the Wirral at Wallasey and Birkenhead, bringing a large portion of the population of North West Cheshire and North Wales within two hours.
Liverpool John Lennon Airport is a hub for Europe’s two largest low cost airlines – Easyjet and Ryanair making it the 14th busiest airport in the United Kingdom. It offers regular scheduled services to 64 domestic and European destinations, with over 5,000,000 passengers passing through the airport in 2019.
Walking distance from Liverpool City Centre within close proximity to The Royal Liverpool University Hospital and the University of Liverpool. Liverpool Lime Street Train Station is just 1 mile to the west of the site.
There are regular bus services to Queen Street bus station which is approximately 300m from Lime Street Train Station. Buses from Queen Street serve the wider city with destinations including Bootle, Kirkby, Preston, St Helens and Wigan.
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LIVERPOOL L6 1EJ
HILL TOP RISE
LOW HILL
DESCRIPTION
The property comprises a residential development site extending to approximately 1.68 acres, with existing planning consent to demolish remaining structures and erect a block of residential units and student accommodation of up to 7 storeys in height comprising 269 flats, 80 self contained student flats and 13 student cluster flats (61 bed spaces), with ancillary communal facilities and 4 no. commercial units (within Use Class B1) with associated landscaping and works.
A subsequent planning application (19F/1055) has been submitted, but not determined to replace the commercial space with additional residential units, to provide a total of 432 units plus 105 car spaces
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HILL TOP RISE
LOW HILL
EXISTING WORKS
We understand Hill Top Rise Ltd entered into a design and build contract and construction commenced in 2018.
To date, the site has been cleared, foundations laid and a steel frame erected and staircases formed, to accommodate approximately 164,000 sq ft GIA of accommodation
The architect for the scheme was Brock Carmichael
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LIVERPOOL L6 1EJ
HILL TOP RISE
LOW HILL
PLANNING STATUS
Planning was granted for a 457-unit scheme (ref:16F/0801) in April 2017.
“To demolish remaining structures and erect a block of residential units and student accommodation of up to 7 storeys in height comprising 316 self contained flats, 80 self contained student flats and 13 student cluster flats (61 bed spaces), with ancillary communal facilities and 4 no. commercial units (within Use Class B1) with associated landscaping and works.”
A subsequent application (ref: 17NM/1590) for non-material amendment was granted on the 26 July 2017 reducing the unit numbers from 457 – 410. On the 25th April 2019 a further application (ref: 19F/1055) was submitted to remove the ground floor commercial units various other minor amendments although to date this has not been determined.
OFFERS AND EXPRESSIONS OF INTEREST
We are inviting expressions of interest before formally requesting funded offers.
Details regarding offer requirements will be circulated to those parties which have
expressed interest.
CONTACTS
© Crown Copyright 2019. All rights reserved. Promap licence number 100020449. Jones Lang LaSalle licence number 100017659. This plan is published for the convenience of identification only and although believed to be correct is not guaranteed and it does not form any part of any contract.
Disclaimer - JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:- a. the particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract; b. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise; c. no person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;d. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken. For properties in Scotland: e. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law. Copyright © Jones Lang LaSalle IP Inc. March 2020. All rights reserved.
ADDITIONAL INFORMATION
Additional information is available via a dataroom,
access can be arranged via the joint agents. Contact
details for Brock Carmichael can also be provided by
the joint agents.
GEORGE OAKEY
0161 828 6429
JONATHAN BROWNLOW
[email protected] 839 6409
LIVERPOOL L6 1EJ
HILL TOP RISE
LOW HILL