Land At Holt Lane, Liverpool L27 2YB

Tenure - Freehold

Site Details & Location

The property is situated in the Belle Vale district of Liverpool, adjoining Holt Lane industrial estate and is in close proximity to Childwall golf club and close to Childwall Valley Road. The city centre is approximately six kilometres to the west. The M62 motorway is approximately one kilometre to the north.

Total Size Area

0.98 acres

Financial Offer

The City Council would consider all offers based on best consideration and above. In compliance with s123 of the Local Government Act 1972 the Council must achieve best consideration for all disposals.

Tenure

The City Council owns the freehold of the land and will be disposing of the freehold interest.

Rates

Please contact the below website for further information on business rates - https://liverpool.gov.uk/business/business-rates/.

Planning

Interested parties should also make themselves aware of relevant planning policy. The area provides a wide range of mixed-use developments including residential, industrial and commercial. The Liverpool Local Plan 2013–2033 - Liverpool City Council/
The Planning Authority provide a pre-application service, details of which are on the attached link below. Any planning enquiries should be made through this process -
www.liverpool.gov.uk/business/planning-and-building-control/preparing-an-application/our-pre-application-service

A formal pre-application enquiry would be strongly recommended to any interested party.

Considerations

The City Council is seeking expressions of interest from interested parties:
1. Acquisition via a 250 year lease with the option to acquire the freehold upon completion of associated building works.

2. To be redeveloped for industrial or business use subject to planning permission. It is to be noted that planning consent has not been applied for and it will be down to the purchaser to gain consent.

3. Planning permission to be applied for within 3 months of the sale completion date.

4. Works to be completed within 24 months of planning approval.

Formal Offers & Submission Process

Formal written offers are sought from interested parties who are required to provide the following information.
(i) Full details of the individual/company.
(ii) A financial offer for the property.
(iii) Details of planned use for the property.
1. Liverpool City Council would consider all offers based on best consideration and above. In compliance with s123 of the Local Government Act 1972 the Council must achieve best consideration for all disposals.

2. The Council is not bound to accept the highest or any offer made. (The Council has a duty to achieve best consideration taking into consideration the scheme and what benefits the public. However, no offer less than best consideration will be considered).

3. The Council reserves the right to shortlist the submitted offers pending future negotiation.

4. The Council reserves the right to end the tender process at any time.

5. Interested parties are expected to complete and pass the Councils Due Diligence process.

Additional Costs

The buyer will be responsible for the Council’s surveyor and legal fees at 5% and 4% + VAT of the sale price.