Investment sales worth £7m completed at Liverpool’s Temple Square

Two investment sales worth a combined £7m have been completed at Temple Square in Liverpool’s commercial district.

No1 Temple Square sold to property group MCR for £1.3m, while Ventnor snapped up No5 Temple Square for around £5.7m.

A Grade II-listed property on Dale Street, No1 Temple Square comprises 21,993 sq ft and is let to Canter, Levin & Berg Solicitors, which has used the building for the last 14 years as its Liverpool HQ.

No5, meanwhile, includes seven storeys totalling 40,736 sq ft. Based on Temple Street, the property currently has four tenants.

The Manchester-based capital markets team of commercial real estate firm CBRE completed the sales on behalf of Hudson Advisors, a London-based investment management company.

The director of capital markets at the CBRE office in Manchester,

Robert Woods, commented: “These major investment sales are excellent news for the Liverpool investment market and demonstrate the investor appetite for quality buildings in sought after central locations.

“Both properties are already let to a strong tenant line up, whilst offering excellent asset management potential.”

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