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Agency seeks offers in the region of £2.5 million for No.2 Moorfields
Liverpool, 4 April – The Liverpool office of Jones Lang LaSalle has been instructed to sell the 63,692 sq ft No. 2 Moorfields in Liverpool’s Central Business District, on behalf of the Joint LPA Receivers.
Jones Lang LaSalle is seeking offers in the region of £2.5 million for the four-storey building, which occupies a prominent corner position fronting Moorfields and Dale Street.
Constructed in 1984, No. 2 Moorfields the property is let to five tenants, currently producing a rent of approximately £256,000 per annum, including the Secretary of State for Health and Yorkshire Bank PLC. The building currently comprises retail to the ground floor and four upper floors of office with a newly refurbished reception, passenger lifts and common areas and 36 car parking spaces to the rear.
Helen Moss, Associate Director at Jones Lang LaSalle, said: “No. 2 Moorfields is a modern building and offers significant opportunities for an investor to increase value by maximising income on the ground floor retail and the available office accommodation, there is also a potential to consider alternative uses, such as residential, hotel or student accommodation, subject to the necessary consents.”
Located adjacent to Moorfields Merseyrail station in Liverpool’s central business district, the building is well positioned within the city centre and benefits from excellent public transport links and close proximity to the Liverpool One retail and leisure attractions.
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