Changes at St Paul’s Square to create Grade-A space for Liverpool startups

Property consultancy Worthington Owen has been announced as the new joint agent on 4 St Paul’s Square in Liverpool.

Following its appointment to the 107,000 sq ft complex, located in the heart of the city’s new commercial district, Worthington Owen will work with CBRE to promote the building’s remaining suites.

The two agents confirmed plans to transform parts of the property to attract new occupiers.

The project will include a redesign of the entranceway and splitting some floors to create more flexible workspace geared towards startups.

Neil Kirkham, director at CBRE in Liverpool, said: “The plans we have for 4 St Paul’s are about making quality office space accessible to everyone.

“We realise we have to redress our offer to suit the modern occupier.”

He continued: “We want to tailor an offer for those fast-growth businesses that may previously have believed that Grade A new build office accommodation was beyond their reach.”

Andrew Owen, of Worthington Owen, believes the building can be opened up to a new type of occupier with the creation of smaller suites, some comprising as little as 1,000 sq ft.

He commented: “We want to appeal to emerging sectors, such as digital and tech, that are currently not particularly well catered for.”

The complex is currently over 60% occupied. Gas safety tech company Gas Tag, growing law firm MSB Solicitors, insurance broker Mercer, workspace provider Ziferblat and commercial property consultants CBRE and GVA are among the tenants of 4 St Paul’s Square.

Banking giant Santander has its Business Incubator, home to 16 early-stage enterprises, at the development, which was acquired by Aberdeen Asset Management for £18.7m earlier this year.

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