Former tax office on market for £3.5m

24 June 2022

Former tax office on market for £3.5m

The site of a former Bootle tax office which has planning permission for redevelopment and a new warehouse has gone on the market for an asking price in excess of £3.5m.

Comben House, a 69,245 sq ft office and industrial complex, occupies a 5.6-acre site on Farriers Way Business Park. It is being offered for sale by B8 Real Estate, LM6 and Gerald Eve on behalf of Jolivet Group, the Guernsey-based investor.

Jolivet acquired the site from HMRC in 2019 and has gained planning permission for a scheme to remodel and refurbish the existing units and develop new industrial starter units. The buyer could choose to pursue the proposed scheme to create a new multi-let industrial estate or alternatively, they could clear the site and construct new industrial or warehouse units up to a single unit of circa 120,000 sq ft.

Farriers Way Business Park is an established industrial area located on the main road into Liverpool city centre, two miles from the M57 and M58 motorway Switch Island interchange and three miles from the Port of Liverpool, which has recently secured Freeport status.

Jon Thorne of B8 Real Estate said:

“This is an exciting opportunity for an investor or developer to take advantage of the buoyant market and deliver much-needed industrial space to cater for the strong demand locally. Giving a fresh lease of life to the site would also help to create new jobs in the area.”

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