This property presents a unique opportunity for renovation and investment, set on a generous 1.11-acre site featuring an eight-storey vacant building alongside a yard and parking facilities. Its regular shape allows for various development options, making it particularly adaptable to future plans.
Located within the bustling Knowsley Business Park, which is one of the largest business parks in the North West of England and hosts over 800 companies, this site benefits from proximity to a significant employment hub. The surrounding area has a rich industrial history and serves as an essential locale for job creation, enhancing the potential appeal for future developments.
Notably, the property comes with planning permission (ref 20/00020/FUL) for a change of use from offices (Use Class B1) to hotel accommodations (Use Class C1), along with provisions for associated parking and landscaping. This transition aligns with local demand, as there is an increasing need for hotel accommodations in the vicinity. An extensive viability study supports this project's feasibility, indicating relatively low development costs that promise to transform this vacant space into a vital asset within the community.
This property’s combination of strategic location, existing planning permissions, and recognized demand positions it as a compelling investment opportunity for those looking to make their mark in a growing area. Further details can be provided upon request.
