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1 St Paul’s Square Liverpool Gears Up on Building Refurb

The Liverpool Office Agency team at global real estate advisor, CBRE, has been appointed as sole agents on 1 St. Paul’s Square in Liverpool, acting for development managers Valeo Capital.  The building is set for major repositioning to include mixed-use at ground floor level and circa 50,000 sq ft of Grade A contemporary office space.  Works will commence in November.

The project will include a complete repositioning of the building with full refurbishment of the central atria to provide a new reception, seating area and booths for social or informal meetings and will feature oak finishes and living walls. A new, state-of-the-art cycle storage facility will be created with an abundance of cycle racks and lockers and drying lockers and can be accessed via Old Hall Street. High quality modern toilets and shower room facilities will also be delivered at ground floor level.

1 St Paul’s Square is an eight-storey building which incorporates imaginative architectural finishes and considered sustainability.    Accommodation is available from circa 2,000-8,321 sq ft at ground floor level for E Class uses; whilst there is circa 50,000 sq ft of Grade A office space available on three upper floors in suites from circa 6,000 sq ft.  16,964 sq ft of that space is currently under offer.

St Paul’s Square, which is now widely recognised as the new central business district in Liverpool, has recently undergone redevelopment works by English cities fund.   Attracting many high-profile professional services companies, it is home to a significant number of Liverpool’s principle law firms, including Hill Dickinson, Weightmans and DWF, as well as financial occupiers such as Santander and Investec.

The Square is well positioned to capitalise on the eclectic mix of F&B, leisure, retail and wellness facilities available combined with its public transport connectivity.  Merseyrail provides links to Wirral, Chester, Southport and beyond, whilst Lime Street mainline railway station offers hourly commutes to London Euston and other national rail network connections.  Manchester’s Victoria Station is a short journey away.

Neil Kirkham, Senior Director, CBRE Liverpool said:

“1 St Paul’s Square was one of the first and most prominent buildings within the St Paul’s Square development and offers very high-quality office accommodation with extremely efficient and flexible floorplates, benefitting from excellent natural light.  The works that Brickhill Properties are undertaking within the common areas and office space aim to meet the needs of occupiers in a post-Covid world, promoting ESG and wellness and providing a highly attractive working environment to support return to work strategies for employers.”

Camilla Bird, Head of UK Asset Management, Valeo Capital said:

“We are excited for works to commence at 1 St Paul’s Square next month to enable us to reposition the building. The common parts will be transformed as well as the remaining office floors to provide good quality office space with strong amenities. We look forward to our vision for the building taking shape.”

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