This property represents a significant investment opportunity featuring a cleared residential development site with full planning permission for 132 modern apartments, comprising both one and two-bedroom units, complemented by 1,140 sqm of versatile ground floor non-residential space. Spanning approximately 0.24 hectares (0.59 acres), the site is well-positioned within an area targeted for extensive regeneration, which enhances its long-term investment potential. Currently utilized as a surface car park, it offers an immediate revenue generation option before construction commences. The property was formerly the Ritz cinema and bingo hall, providing a historical context that could appeal to future buyers or investors.
Situated in Birkenhead, just two miles from Liverpool and adjacent to key transport routes including bus stops and train stations within walking distance, the location is further enriched by nearby urban revitalization initiatives backed by Wirral Council. These plans promise substantial future developments in the area, making this site particularly attractive.
The existing planning approval (granted on May 31, 2018) allows for a six to seven-storey building without any obligations for affordable housing or additional local contributions. This flexibility offers a clear advantage to potential developers looking to capitalize on this high-demand location.
