Business

IPG reveal Liverpool commercial venture

Integritas Property Group has announced the launch of its first Liverpool venture.

Located on Naylor Street, Central Point forms the commercial element of a high-quality mixed-use development, also developed by IPG.

Offering six purpose-designed commercial units, the project is designed to meet the growing demand for flexible business accommodation in one of the UK’s fastest-regenerating regional cities.

With prices ranging from £185,000 to £350,000, the development is aimed at private investors, commercial landlords, pension investors and portfolio builders seeking long-term income-producing assets supported by Liverpool’s strong economic fundamentals.

The six leasehold units, offered on 999-year leases, range in size from 775 sq ft to 1,507 sq ft and provide accommodation suitable for a wide variety of occupiers, including retail, cafés, healthcare providers, professional services, leisure operators, and office users, subject to planning.

At an estimated gross rental income of £151,500 per annum, the units look to deliver a target yield of 10% and an estimated capital value of £1.515 million once fully let.

The leases will also include upward-only rent reviews, providing investors with the opportunity for rental growth while helping to protect income against inflation.

The scheme is suitable for acquisition through SIPP and SSAS pension structures, while also offering flexibility for investors wishing to utilise commercial mortgage finance.

Construction is expected to be completed during the third quarter of 2027.

Mitchell Walsh, CEO and MD of IPG, said, “Central Point Commercial Space represents an important milestone for Integritas Property Group as we expand into the commercial sector for the first time.

“We’ve designed this development to meet the needs of today’s investors by combining high-quality commercial space in a prime city-centre location with a structure that supports strong long-term income potential and reduced management responsibilities.

“Liverpool continues to demonstrate exceptional economic growth and business demand, making it an attractive market for commercial investment.

“We believe Central Point offers investors the opportunity to secure a well-positioned asset that can deliver both reliable income and future capital growth as the city continues to evolve.”