Moffat House
Moffat House
Moffat House is a prominent office block located in Liverpool's bustling financial district. Spanning an impressive 10,250 square feet, this contemporary commercial space offers a highly desirable working environment for businesses seeking a prime location.
Renovated with meticulous attention to detail, Moffat House underwent a comprehensive office fit-out, valued at £300,000, ensuring that it boasts state-of-the-art facilities and a modern aesthetic. The result is a sophisticated workspace that is both functional and visually appealing, catering to the needs of diverse professional enterprises.
With an annual rental income of £180,000, Moffat House presents an attractive investment opportunity, reflecting its popularity and strong demand within Liverpool's commercial real estate market.
Its prime location, coupled with the exceptional quality of the office space, positions it as a sought-after destination for businesses seeking a prestigious address.
Furthermore, the value of Moffat House has witnessed a significant increase, with its current estimated worth standing at an impressive £1.8 million. This rise in value underscores the property's desirability and highlights its potential for long-term growth and appreciation.
Exciting plans are underway to expand Moffat House with a three-story extension that will accommodate four apartments of which two are duplex complete with gardens. The build cost for these apartments is estimated to be around £600,000. Once completed, the apartments are projected to generate an annual rental income of £72,000, with a Gross Development Value (GDV) of £1.2 million. This expansion will further enhance the value of Moffat House, bringing the total value of the building to an impressive £2.9 million.
Moffat House presents an exceptional opportunity within Liverpool's financial district, combining a well-established office block with the added value of residential apartments. With a total building value of £2.9 million and a robust rental income of £252,000 per annum, this property holds significant potential for investors looking to capitalize on the vibrant real estate market in Liverpool's financial hub.
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