Famous music venue under the hammer

The freehold of Liverpool’s iconic Cavern Walks Shopping Centre together with seven floors of offices above and world famous music venue The Cavern Club will be offered at Allsop’s 16th October commercial auction at the Park Lane Hotel, W1.

The high profile lot situated close to the newly completed Liverpool One Retail and Leisure Scheme is expected to attract a wide range of investors due to its prominent city centre position within the Cavern Quarter. With a guide price of £1 million the lot represents significant investment potential.

The property is arranged over 10 floors with the lower floors providing a boutique style shopping centre comprising 23 retail units. Current high profile tenants include Vivienne Westwood, Cricket and Stonegate Pub Co Ltd.  The upper floors provide 80,088 sq ft of office accommodation.

World famous music venue, ‘The Cavern Club’, synonymous with The Beatles and a nightclub located on the lower ground floor will also be offered as part of the lot.