Regeneration has a star performer

Feb 14 2008 by Gerry Corner, Liverpool Echo

A LANDMARK tower is taking shape at arguably Merseyside's most ambitious new mixed-use development.

Stella Nova, being created by Dreaming Spires Ltd, is due for completion in February next year and the gateway development is seen as an important part of Bootle's regeneration.

Already 85% of the residential units are sold and retail units, which may also be suitable as ground floor offices, are being let through Knight Frank and joint agent Mowbray Gill.

Up to eight units are available for retail use, though some can be combined.

Knight Frank's team in Liverpool has described the scheme on Washington Parade as a pivotal development for the town.

The tower will be a new landmark and the fact that the city centre is less than 10 minutes away is attracting major interest.

A new Asda superstore will open in Bootle directly behind Stella Nova in the summer.

A mixed-use development opportunity near Liverpool city centre has been put on the market by Knight Frank with a £1.5m guide price.

The site on St Anne Street has full planning permission for the demolition of an existing warehouse and office building and the construction of a development providing a mix of light industrial, retail, office and residential space.

For more information contact Graham Bowling at Knight Frank on 0151 236 1101 or log on to www.knightfrank.com



A range of residential and commercial properties will be available at Sutton Kersh Auctions’ next Liverpool sale a week today.

From noon at the city centre Marriott Hotel, 82 properties from across Merseyside will be up for auction.

They include 256 Woolton Road, a vacant commercial investment in the Childwall area comprising a ground floor sales area and rear store area together with first floor ancillary accommodation suitable for the creation of a first floor flat, and change of use to bistro or restaurant (subject to planning).

Located within a busy neighbourhood retail parade this freehold retail unit has a guide price of £225,000.

A further commercial investment is 229-235 Knowsley Road in Bootle, a two-storey block arranged as three retail units on the ground floor and office space on the first floor.

The ground floor is let to a hairdressers, café and sunbed salon, producing a combined income of £12,910. The property, with a guide price of £170,000, has an estimated rental value once fully let of £21,000pa.

Catalogues can be obtained by calling 0151 207 6318.