Carpenters takes Tithebarn Street space in major letting

THE largest office deal this year in Liverpool’s central business district has completed with a 19,403sq ft letting at No1 Tithebarn to Carpenters Ltd on a six-year term.

Carpenters Limited is a legal firm with a head office in Birkenhead. The office will be the firm’s first Liverpool city centre site.

The deal follows the recent announcement that Speed Medical, one of the UK’s largest medical reporting firms, has leased the 7,677 sq ft top floor office suite.

CBRE Liverpool and Worthington Owen are joint agents on No1 Tithebarn and Carpenters was unrepresented.

No1 Tithebarn is a 115,000 sq ft, eight-storey office building with ground floor retail units located at the junction of Old Hall Street and Tithebarn Street.

The property sits directly above Moorfields Station and is owned by Jolivet Group.

It is currently undergoing a refurbishment programme to create a variety of suites throughout the building.

Simon Storer at Jolivet Group, said: “This isthe largest letting this year in Liverpool’s central business district.

“This significant deal demonstrates that the time was right to invest in this prime building and that occupiers place a high value on location and quality. We are looking forward to welcoming yet more occupiers to our tenant mix as refurbishment works will continue to further enhance the building.”   

Andrew Byrne at CBRE Liverpool added: “This is an excellent result for No1 Tithebarn and demonstrates the appeal of the building and the positive response to the investment into its internal upgrade.

“It is also good news for the Liverpool city centre office market that a deal of this magnitude has completed after several months of much smaller transactions.”