Grade I-listed properties at Birkenhead’s Hamilton Square up for sale
Three connected properties at Birkenhead’s historic Hamilton Square have hit the market for £800k.
The Grade I-listed terraces come to 7,995 sq ft and are currently occupied by a mix of tenants, including law firm Jones Kinvig, software business D2i Systems Ltd and FSP Northern Architects.
Commercial agency Hitchcock Wright & Partners is selling 41, 42 and 43 Hamilton Square on behalf of a private client.
Together, the three units produce an annual rental income of £35.9k.
Although currently serving as offices, Hitchcock Wright said the properties could be redeveloped for alternative use, including as homes or a hotel, subject to planning consent.
Hamilton Square comprises 62 Grade I-listed buildings and Birkenhead’s former Grade II-listed town hall. It is the the largest Grade I-listed Victorian square outside London.
Scottish architect James Gillespie Graham, best known for his work in the New Town area of Edinburgh, designed the properties.
Hitchcock Wright partner Brian Ricketts said: “This represents a rare opportunity to acquire three adjoining properties that have been in the same ownership for over 70 years.
“The terrace of freehold period properties are currently occupied and generating a healthy rental income, offering an excellent investment opportunity for a prospective purchaser.”
He continued: “In addition, the properties also offer future potential for alternative uses, such as transforming them into apartments or a hotel.
“There are many uses to explore at 41, 42 and 43 Hamilton Square and we anticipate a great level of interest.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching