Liverpool is a unique market, known across the world but still retaining its local identity. From a history of shipping and engineering, Liverpool still retains its position as a major manufacturing centre, especially in automotive, and is the UK home to 5 out of the 6 largest shipping companies in the world. The Manchester Ship Canal, connecting the Port of Liverpool to Manchester, is in the process of redevelopment to increase the amount of freight being handled up to 100,000 containers per year with the logistics and warehouse sectors still remaining strong.
As befits a business centre supporting a population of 1.5 million, there is a very active office sector, in particular supporting financial and asset management, but there is a relatively low level of “A grade” property on the market at the moment. Future development in this area is very much on the agenda for the city.
The leisure sector in Liverpool has always been vibrant, with a world class mixture of leisure opportunities. High Street retail has fallen, though the footfall at the main in town and out of town shopping centres has remained strong.
For advice on any aspect of commercial properties for sale or to let in Liverpool or Merseyside, please do not hesitate to contact an appropriate GVA Expert via Regional Senior Director Stephen Cowperthwaite, 0151 471 6734, firstname.lastname@example.org.
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