Maghull Developments Ltd, part of the Maghull Group, has been granted detailed planning approval for its proposals to redevelop Central Buildings in Crosby Town Centre.
The £8million mixed use regeneration scheme will comprise 10,000sq ft of ground floor retail, 10 x two bedroom luxury apartments and 12,500sq ft of office space.
Maghull will be commencing with the demolition works in August and the scheme should be completed by September 2007.
As well as making a positive step forward in regenerating Crosby town centre the scheme will add significantly to the town’s retail offer with the retail space already attracting significant interest from major high street names, such as Marks & Spencer Simply Food, Tesco, Argos, Home & Bargain and Specsavers.
Michael Hanlon, Managing Director of Maghull Developments said: “We are delighted that Sefton Council has granted planning approval for the redevelopment of this site which will improve the retail offer and enhance the vitality and viability of Crosby Town Centre. We hope that this planning approval will now act as a catalyst for further investment and regeneration within the town centre in order to improve the poor retail offer and also create more jobs for the local community”.
Retail agent for the development is Taylor & Co, Mason Owen is letting the office space and Michael Moon Estate Agents is handling the sale of the apartments.
Editor’s note
The Maghull Group have a mixed-use property portfolio valued at £100million and is undertaking various commercial and residential development schemes throughout the North West with an investment value in excess of £275million.
Maghull Developments Ltd., a subsidiary company of the Maghull Group have a strong and proven track record in the sensitive restoration and refurbishment of Grade II listed buildings throughout the region and has recently been selected as preferred developer by Liverpool John Moores University on their Hope Street portfolio.
The portfolio, which comprises of four historic properties in the Hope Street area, includes the Grade II listed former Liverpool Art College building at 68 Hope Street, once attended by John Lennon.
The many projects within the Maghull Developments portfolio also include the refurbishment of Dale Street Mills, Piccadilly Basin, Manchester, with an end value of £40million, where they have already pre-sold 140 of the 201 apartments.
Other Maghull Development projects include a £75million mixed-use scheme on Lord Street in Southport town centre, and also the development of the UK’s first PGA
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