Demand for high-quality industrial properties in Liverpool remains strong, according to leading property consultancy

Date posted:
Thu 14 March 2024

Demand for high-quality industrial properties in Liverpool remains strong despite the uncertain economic climate, according to a leading property consultancy.

Fisher German says there is strong demand for industrial units, particularly freehold premises where there is limited supply in the city and surrounding areas.

It comes after the property consultancy sold a 19,077 sq ft unit at Venture Point, in Speke, to an undisclosed buyer.

The firm was instructed to sell the property on behalf of hose and fittings company Merseyflex, which was expanding into a larger premises.

The BREEAM Excellent building benefitted from two level access doors, 50KN floor loading, solar panels, separate car parking and secure fencing.

Fisher German received strong interest, with interested parties enquiring before the property was officially on the market, and the sale exceeding the guide price of £2.48 million.

David Newman, of Fisher German, said: “We were instructed to sell the property after it became surplus to Merseyflex’s requirements.

“We had early strong interest before we had formally commenced marketing and went to best bids, achieving a quick sale which exceeded the guide price.

“We are very happy to support Merseyflex with the disposal of the building as part of the company’s expansion plans.”