Development Lots 1 & 2, Electric Avenue, Stonebridge Business Park, Liverpool, Merseyside, L11 0EN
0.10 - 4.60 Acres (0.04 - 1.86 Ha)
Description
Offered for sale by formal tender with bids by 24 November 2023, 12 pm.
The subject development plots and associated land form part of the wider Stonebridge Business Park.
Stonebridge Business Park Zone is shown in attached plan dated 9/6/23 where lots are hatched red.
These are the last development plots to be released and follow previous, successful development which now includes the Liverpool Food and Flower wholesale markets, DPD, Harris Group and the Viking Landings pub/restaurant.
2 principle development plots are offered together with 2 smaller lots including former GEC Building.
n.b
an overage agreement remains in place which is due to expire March 2024
Electric Avenue & Sugarbrook Drive are unadopted
Plot 4 split by River Alt
- 2 principle Development plots & additonal land
- 4.6 & 1.75 acres
- For Sale
- Bids 24 November 2023
- Suitable for owner occupiers or developers
Tenure Comments
The lots are offered for sale by Liverpool City Council by way of 250 year lease on a peppercorn rent.
They can be taken collectively or individually on a lot by lot by basis.
We will be seeking initial bids on 24 November 12 pm.
We propose to review these over the course of December and hope to be in a position to confirm a preferred purchaser/s during January 2024.
Any sale will be subject to approval from Liverpool CC where we would anticipate exchange of contracts in Q1 2024 with completion to follow subject to conditions and approvals.
See attached bids document in download section to be completed and sent to LM6 outlining:
Purchaser name
Which Lot size you require
Offer Price
Confirmation of proposed funding for purchase
Proposed timing for exchange and completion
Conditions attached to purchase
Proposed use
For the avoidance of doubt, our client is under no obligation to accept the highest offer or indeed any proposal submitted.
Current Availability
| Lot 1 Site at Electric Ave | 1.74 Acres | 0.70 Hectares |
|---|---|---|
| Lot 2 Land at Electric Ave | 4.64 Acres | 1.88 Hectares |
| Lot 3 Land at Bridgehouse Lane | 1.48 Acres | 0.60 Hectares |
| Lot 4 ex GEC Site | 1.03 Acres | 0.42 Hectares |
Location
The plots form part of Stonebridge Business Park which is located on Electric Avenue/Sugarbrook Drive with direct access to the East Lancashire Road (A580)
The sites front The East Lancashire Rd with excellent access to the City Centre, Dockland area and 1 miles from Junction 4 M57
Further Information
Please contact the sole agents, LM6
Legal Costs
Liverpool CC'c legals costs to be met by tenant
VAT
VAT will be payable at the prevailing rate.