A Liverpool warehouse has been bought by a Dublin-based developer. The Grade II-listed Bonded Tea Warehouse on Great Howard Street in Vauxhall, just north of the city centre, has been purchased by Harcourt Developments.
The building has been sold by Urban Splash to Harcourt, with Zaman Roberts advising the former on the deal. It comes as Harcourt works on the conversion of the Tobacco Warehouse, as part of the ongoing regeneration works around Stanley Dock and the Ten Streets area.
The Tobacco Warehouse is being converted into apartments and more than 100 are already occupied. The ECHO has contacted Harcourt for comment about its purchase of the Tea Warehouse, the original brick structure of which was built in 1840.
Regarding the sale, Nathan Cornish, group board director at Urban Splash, told Place North West: “The Bonded Warehouse sat within our commercial portfolio for several years and was fully let throughout our ownership.
“As the building was about to become vacant, we sold to Harcourt who are a natural buyer given their activity locally.
“We’re currently reinvesting the proceeds from the sale into other parts of our portfolio – most notably at Matchworks in Speke, which remains a flagship creative and commercial workspace for businesses in the North West.”
In 2022, plans to convert the warehouse into more than 200 apartments were submitted by ELG Planning on behalf of County Durham-based property firm Mandale Homes to Liverpool City Council.
The plans sought to convert the building to 211 apartments, along with external alterations and other works.
The development would have comprised 134 one bed, 53 two bed, 10 two bed duplex apartments and 14 three bed apartments which would have been laid out over six storeys.
According to a document submitted by the developer, the basement would have provided space for uses such as a workspace and gallery area, cycle store and a gym/fitness centre.
The planning statement said the development would have been situated within the north of the “Ten Streets character area” and aimed to “reuse a listed building that is of historical importance to the industrial heritage of Liverpool.”
However, those plans did not come to fruition.
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