Busy summer for Sutton Kersh

Sutton Kersh Commercial have had one of their busiest summers to date, selling in excess of 10 Million pounds worth of property over the summer months.

Some of the highlights include the 102 room Paper Mill Development on Henry Street which is popular residential student accommodation and also another landmark site on Duke Street which is proposed student/residential accommodation consisting of a conversion and new build development.

Jjonathan Owen, commercial director at Sutton Kersh said:

“The commercial property market in Liverpool is seeing a considerable increase in demand for student residential developments due to the strong Buy-to-let investment market and the rising PRS , Private Residential Sector. Over the last few months we have recently completed on a number of city centre developments that are being converted or redeveloped into residential student accommodation, which is great for the city’s economy.”

It is clear to see that there is a huge increase in building activity throughout certain pockets of the city with buildings being sold, let, redeveloped, converted and built constantly this year. The land/property value is still comparably cheap in comparison to other similar cities across the UK.

It is expected that Liverpools city centre population will continue to grow over the coming years as more and more student & residential accommodation/developments are predicted to be built and many are already work in progress. This will have a positive effect, supporting the cities commercial growth presenting more opportunities and also encouragement for new retail and leisure outlets to open.

For more information please visit www.suttonkersh.co.uk

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