- For sale
One Islington Plaza is a substantial purpose-built student residence, comprising 317 studio and en-suite clusters with extensive amenities.
The property is located in the Knowledge Quarter, the heart of Liverpool’s thriving student district and within walking distance of the City Centre.
The area is an academic hub, home to the University of Liverpool, Liverpool School of Tropical Medicine, Royal Liverpool University Hospital, Liverpool Hope University and Liverpool John Moores University.
All bedrooms are fitted with power shower, desk, ¾ bed, storage and Wi-Fi. En-suite rooms are configured in clusters of 5 to 6 single bedrooms with an open-plan kitchen/living area with TV. All studios have a private kitchenette.
The amenities include 24/7 on-site management, communal lounges with games tables, media rooms, study areas, gym, laundry and cycle store.
There are also two vacant commercial units with retail consent (4,000 sq ft and 1,650 sq ft respectively) and seven car parking spaces.
Each of the letting rooms is subject to a 250-year ground lease at £350 per annum with 5-yearly RPI reviews. Total ground rents receivable: £110,950 per annum.
The two ground floor commercial units are available with vacant possession.
Offers invited for the Freehold interest as a whole or for the ground rents and commercial units separately, on behalf of Joint Administrators.