DIY retailer Rapid Hardware is considering selling its paint shop on Renshaw Street to the property company behind the Central Village development.
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The hardware store, which has struggled in recent years due to the effects of Liverpool’s Big Dig roadworks on trading, is in early stage talks with property group Merepark. Although the price under discussion has not been disclosed, the property, on the corner of Newington Street and Renshaw Street, could be worth millions of pounds.
The post-war concrete and glass store building would be demolished to make way for access to Merepark’s Central Village shops and residential towers scheme.
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Work will start this year on the revised 25-storey and 20-storey mid-rise buildings, nicknamed Spencer and Hepburn, after film legends Spencer Tracy and Katherine Hepburn – she was the taller of the two. Two nine-storey and one five-storey buildings will sit alongside.
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