Liverpool city council appoints agents at Worthington Owen to sell two city centre office buildings with a combined price tag of £4.25m. Tony McDonough reports

Agents at Worthington Owen have been instructed to find buyers for office buildings in Hatton Garden and Sir Thomas Street in Liverpool by the city council.

With a combined price tag of £4.25m, both sites have been deemed surplus to requirements by the council. They offer a combined floorspace of more than 85,000 sq ft.

Premier Court is located in Hatton Garden close to the junction with Crosshall Street and Tithebarn Street. It offers 40,804 sq ft over basement, ground and five upper floors.

This building includes the former Epstein Centre to the rear which is a self-contained office. The site includes 28 parking spaces within a central covered courtyard. It has a price tag of £2.5m.

Venture Place in Sir Thomas Street lies directly opposite the Metquarter shopping centre and was formerly home to BBC Radio Merseyside from 1967 to 1981. Built around 1960, it comprises 45,004 sq ft of space over the basement, ground and seven upper floors. Asking price is £1.75m.

Andrew Owen of Worthington Owen said: “The sales of Premier Court and Venture Place offer a rare opportunity to acquire office buildings in the heart of Liverpool city centre with vacant possession.

“We are delighted to have been instructed by Liverpool city council to deal with these disposals and are confident that we will receive excellent levels of interest.”

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Cllr Nick Small, Cabinet Member for Growth and Economy, added: “The sale of both buildings is part of the council’s drive to deliver long-term savings and generate capital receipts which can be reinvested in city projects.

“The sales are aligned with the city council’s wider accommodation strategy which seeks to rationalise its operational assets.”