Guernsey-based investors acquire 30,000 sq ft former call centre in Aintree
An investment company based in Guernsey has acquired a 30,757 sq ft development in Liverpool.
Jolivet Investments plans to reconfigure and refurbish Fortune House, located in Aintree, after buying it from St James’s Street Property Management Limited.
The building was formerly used as a call centre, first by gaming company Vernons and later, Ladbrokes.
Commercial property firm LM6 handled the transaction on behalf of the vendor.
Wigan estate agency Littler and Associates acted for Jolivet Investments.
Andrew Littler, of Littler and Associates, said: “This is another strategic acquisition for commercial regeneration specialists Jolivet.
“The intention is to refurbish the property to create a high quality business unit providing much needed commercial space to accommodate business growth.”
Phil Morley of LM6 commented: “The purchase is an endorsement of the local industrial market where Jolivet Investments have completed a series of successful refurbishments in the Liverpool City Region.
“Following the programmed works the scheme will offer much needed quality, warehousing which will be available to lease or buy at £4.75/sq ft or £ 1.7m respectively.”
St James’s Street Property Management Limited was advised by LM6 and estate agents Cushman & Wakefield.
Together with LM6 and B8RE, Littler and Associates is a joint agent on Fortune House.