CBRE brokers deal for iconic Liverpool venue
Property agent CBRE has brokered a deal to let a famous Liverpool landmark to Manchester indie and grass roots live music venue, Jimmy’s.
Havelock Building, which was known to generations of clubbers as The Cabin nightclub, will provide 8,000 sq ft of space over the basement, ground and first floors for Jimmy’s to bring its unique format to Liverpool for the first time.
After an extensive refurbishment the building was originally marketed last July to independent club and bar operators, with the ground and first floors available as a single package for a restaurant/bar operator.
A month later, it was announced these plans had been abandoned and its London-based owner had put it on the market for sale.
However, Nick Huddleston, of CBRE, brokered the deal with Jimmy’s and said the owner had been holding out for the right operator.
He said: “The landlord was willing to wait for the right tenant that fitted with the independent vibe of Ropewalks and Chinatown. He’s delighted with the outcome, not least because he’s a bit of a rock music aficionado himself.”
The tenant has signed a 15-year lease and fit-out work has begun with a view to a Summer opening.
Commenting on Jimmy’s first foray outside Manchester, director George Craig said: “Liverpool’s musical heritage needs no introduction but there’s a clear gap in the market for a venue with our programming focus. Nobody blends indie music with beer and sheer entertainment like we do.”
The building sits at the top of Bold Street in a prominent position facing the city’s famous ‘bombed-out church’ and bordering Chinatown and Ropewalks. The city’s university quarter is just up the hill.