Commercial property agents at CBRE are marketing a 0.67-acre former metalworks site close to Liverpool city centre which they say is ideal for new development. Tony McDonough reports
A former metalworks site on Vauxhall Road in Liverpool has been brought to market by the UK Residential Development team at CBRE.
The strategic residential development site sits in a growth area of Liverpool with many surrounding development schemes in the pipeline. CBRE is acting on behalf of Pumpfields Regeneration Company.
Located in Vauxhall to the west of Liverpool on a 0.67 acre site, the former metalworks has now been demolished for development. A smaller 0.11 acre parcel of land on Gladstone Street also forms part of the development opportunity and is currently a car park.
The main site is bounded by Naylor Street to the north and Gladstone Street to the east. Almost 1,900 units are in the area’s residential development pipeline including Freemasons Row to the east, Layork Road to the west and Oriel Street to the north.
Ashley Anderson, senior surveyor at CBRE Manchester, said: “We are delighted to bring the former metalworks site to market to regenerate a redundant piece of land in a significant growth area for pipeline residential development.
“The site is in a rapidly emerging position in Liverpool with a wide range of doorstep amenities and has potential to be part of a thriving residential community adding to the existing schemes in the development pipeline.”