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Grayling Capital

Space 170, Liverpool

Project Figures

  • Purchase Price£2.15m (£12.85 psf)

  • Refurbishment Expenditure£2.3m (£13.75 psf)

  • Profit on Cost achieved47%

Description

A 170,000 sq ft strategically located distribution warehouse on Edge Lane Business and Retail Park, Liverpool. The property was acquired by our client having stood vacant for a number of years. Following a 6 month programme of refurbishment, the property was sold and subsequently let to former tenant TJ Hughes, demonstrating the building’s strong fundamentals.