Former Gaumont Cinema Building
Project Specifications
Total Units: 36 Residential
Building Height: 6 Storeys
Commercial Space: 380 sqm
Planning Status: Pre-App Complete
Car Parking: 8 Spaces
Unit Sizes: 540-756 sq ft
GIA: 2,023 sqm
NIA: 1,821 sqm
Development Details
1-Bed Units: 25 units (54.3 sqm avg)
2-Bed Units: 10 units (63.1 sqm avg)
3-Bed Units: 1 unit (70.2 sqm)
Commercial Units: 3 units (126.7 sqm avg)
Balcony Units: 16 units (44% of total)
Commercial GDV: £950k (£2.5k/sqm)

Premium Balcony Units

16 apartments with private balconies: Units 5, 8-11 (First), 14, 17-20 (Second), 23, 26-27 (Third), 30 (Fourth), 34 (Fifth), 37 (Sixth). Includes 8x1-bed, 7x2-bed, and the 3-bed penthouse unit.

Professional Team Appointed

Architects: SNOW Architects Ltd - RIBA Chartered Practice
Planning Consultant: Available on request
Structural Engineer: To be appointed
M&E Consultant: To be appointed

Key Features & Benefits
  • Historic Art Deco cinema building - significant architectural character
  • Junction location at Park Road, Ullet Road & Dingle Lane
  • Mixed-use development potential (C3 residential + A1-A5 commercial)
  • Established residential area with strong rental demand
  • Professional architectural drawings by SNOW Architects
  • Pre-application guidance received from Liverpool City Council
  • Flexible unit configurations - studio to 2-bed apartments
  • Ground floor commercial opportunities
  • Secure cycle storage and waste management facilities
  • Potential for roof terrace amenity space
🏛️ Local Highlights & Amenities
📍 NEIGHBOURHOOD HOTSPOTS
The Florrie (Florence Institute) - Historic community arts centre hosting events, exhibitions and classes
LOAF Bakery - Award-winning artisan bakery and café, local favourite for fresh bread and coffee
Squash Nutrition - Popular health food restaurant and juice bar, Instagram hotspot
Lark Lane - Bohemian quarter with vintage shops, independent cafés and live music venues
Sefton Park Palm House - Grade II listed Victorian glasshouse and popular weekend destination
🚶‍♂️ WALKABILITY SCORE
85/100 - Excellent walkability with most errands accomplishable on foot
📊 Market Analysis & Comparables
Rental Yields
6-8%
vs 4.89% area average
Rental Growth
9.4%
1-bed: £659-£1,000 pcm
New Build Comparables
£3,000/sqm
Central Park, One Baltic Square
Commercial Rates
£15-25/sq ft
Ground floor retail/office
📈 Investment Projections
Capital Growth: 20-30% through 2026
Total Returns: 8-12% annually achievable
View Full Market Analysis →
Investment Options

Planning Permission

£1.4m
Site with approved plans

Turnkey Development

£7.225m
15% discount on RICS valuation

Development Economics

RICS Valuation: £8.5m (TBC)
Developer Discount: 15% (£1.275m)
Residential GDV: £7.55m
Commercial GDV: £950k
Purchase Price: £7.225m
Immediate Equity: £1.275m (17.6%)

RICS valuation £8.5m to be confirmed (minimum 12.5% discount guaranteed). Turnkey option delivers fully completed development with immediate equity position.

🏗️ Build Cost Analysis
DEMOLISH & REBUILD STRATEGY
New 6-storey mixed-use development • £100k demolition included
Total Build Cost
£5.60m
£2,769 per sqm
Cost per Unit
£144k
All-in including M&E
Project Duration
30 months
Planning to completion
Development Margin
£225k
3.2% on £7.0m total
💰 Project Economics
Total Project: £7.0m (£5.6m build + £1.4m land)
Turnkey Sale: £7.225m (3.2% margin)
View Detailed Build Cost Analysis →
Location & Transport

Strategic Liverpool L8 Position

Prime junction location in established residential area of Toxteth. Close proximity to Liverpool city centre, University of Liverpool, and major transport links.

  • Liverpool city centre - 1.5 miles
  • University of Liverpool - 0.8 miles
  • Liverpool One shopping centre - 1.2 miles
  • Sefton Park - 0.5 miles
  • Multiple bus routes on Park Road
  • Liverpool Central Station - 1.8 miles
  • Easy access to A5036 and M62