Liverpool warehouse with aparthotel consent up for sale

George Sell George Sell Uploaded 12 July 2020

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UK: The Imperial Warehouses building on Davies Street in Liverpool, is being sold after its owner Mantra Homes was placed into receivership in January.

Manchester-based surveyor Fletcher Bond has been appointed to sell the 14,000 square foot building, known as Crash Rehearsal Studios, which has planning permission for an 34-key aparthotel. The asking price has not been revealed.

The property was built in 1878 and originally used to store fruit and vegetables.

The approved aparthotel project featured a ground-floor bar and restaurant and basement recording studios, as well as a musical “walk of fame” along Davies Street.

However, the building is now being sold out of receivership from Mantra, and as part of administration proceedings also ongoing for the property’s lender, Fundingsecure.

Rory Dillon, managing director of Fletcher Bond, said: “Imperial Warehouses is one of Liverpool’s hidden gems with an amazing history and many original features. It is in a prime city centre location and not only has permission for conversion to an aparthotel, but also a previous consent for use as a gym. However, because of its large, flexible floorplates, it would suit a whole range of other uses from offices, a youth hostel or student accommodation, to a nightclub or a pop-up leisure venue.”

 

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