They have been appointed by Asset Management, which purchased the 155,000 sq ft building last year for just under £20m on behalf of British Airways Pension Trustees. Tony McDonough reports

Property agents from CBRE and Worthington Owen are to jointly market one of Liverpool’s most prominent office buildings – 20 Chapel Street.

They have been appointed by Asset Management, which purchased the 155,000 sq ft building last year for just under £20m on behalf of British Airways Pension Trustees.

It has recently undergone a £3m refurbishment programme, including a reconfigured reception area, improved security and a coffee shop concession provided by Bean.

Just 18% of the building is vacant with three remaining refurbished suites available to let.

Current occupiers include EY, Fujitsu, Barclays and Liverpool FC, as well as recent new tenants Idox, GWlegal and Orega.

Office space available to let includes the third floor extending to 12,976 sq ft, part of the sixth floor extending to 7,294 sq ft and the 12th floor extending to almost 8,000 sq ft. 

Neil Kirkham, director at CBRE in Liverpool, said: “The property is currently benefiting from a team of very proactive asset managers who are working hard to inject new life into the existing office space and strengthen its ties with the surrounding lively and growing business community.

“The building’s central location coupled with the quality of the space on offer and its stunning river views, puts this property ahead of existing competition.”