CBRE’s Office Agency team in Liverpool has sold Connect Business Village on Derby Road in Liverpool to property investment company, Yakel Consultants Limited. CBRE advised the seller.
Connect Business Village is a prestigious scheme comprising a 25,000 sq ft HQ for social enterprise business PSS and 15 high specification self-contained two storey offices ranging from 1,488 to 3,526 sq ft, developed in partnership with Liverpool Land Development Company and Northshore (Atlantic Gateway) Strategic Investment Area.
Located on the A565 Derby Road and adjacent to Sandhills train station, the Village is in an excellent position on the edge of Liverpool City Centre. The business village benefits from good access to and from the region with both the Birkenhead and Wallasey Tunnels within a short distance, as well as arterial routes to the motorway network.
Manchester law firm Kuits advised Yakel on the purchase and property finance for the acquisition.
Andrew Byrne, Associate Director at CBRE Liverpool, said;
“We are delighted to confirm the sale of Connect Business Village to Yakel. The scheme is unique, being the first of its kind within North Liverpool’s business district and offers tenants the opportunity to benefit from high grade office suites with state of the art facilities in a well established location, connecting businesses to the heart of Liverpool.”
Charlotte Barker, commercial property solicitor at Kuits, said:
“Connect Business Village is a significant commercial development for Liverpool with the potential to be a thriving business district due to its prominent location and excellent transport links. Kuits was pleased to advise Yakel in acquiring the property as part of its expanding portfolio in the region.”
Samuel Farage, managing director of Yakel said:
“The team at Kuits continue to provide us with a key advisory service and this transaction was no different. They demonstrated a breadth of expertise, knowledge and commercial acumen to help us with this exciting acquisition.”
