Sidney Phillips - North West



01512 204879

northwest@sidneyphillips.co.uk

The North West of England and North Wales boast some of the UKs most charming towns and villages as well as major hubs such as Liverpool, Manchester and Preston. The region is superbly connected by major road connections including the M6 and A5 which connected the Lake District Cheshire, Staffordshire and the Midlands to numerous major North Wales towns.

The regions offer a diverse selection of properties ranging from local community pubs in Lancashire and Greater Manchester to rural Grade listed buildings in Cheshire and the Northern counties of Wales.

The region houses many tourist attractions such as Matthew Street in Liverpool (made famous by The Beatles in the 1960s), Chester Zoo and various Premier League football clubs. Seaside resorts such as Blackpool, Rhyl and Llandudno present a busy hotel property market which is popular with individuals looking for a lifestyle business, surrounded by a range of commercial outlets such as coffee shops, takeaways and restaurants.

The “Golden Triangle” refers to the desirable Cheshire towns of Alderley Edge, Wilmslow and Prestbury, areas which command some of the highest property prices in the region and are situated in affluent town centre locations which comprise of bars, shops and cafes and is easily commutable to central Manchester in less than one hour.

North Wales in particular, can claim to be home of some of the oldest licensed premises in the UK with some dating back close to 1,200 years! Snowdonia National Park provides a stunning back drop for many public houses and guest houses and for those looking to get away from the hustle and bustle of everyday life. The counties of Denbighshire, Flintshire and Caernarfonshire are home to some of the most remote and snug pubs surrounded by breath taking scenery and countryside.

The major cities in the region, Liverpool and Manchester, accommodate a high student population and see freehold properties ideal for development into student accommodation and HMO’s which in turn offer high investment yield returns. Both “Northern Powerhouses” provide a cross section of Georgian and Victorian era properties converted to pubs and bars as well as former warehouses and docklands transformed into food halls and cocktail bars.

The sale of public houses in the region is buoyant and property prices have increased in recent years. The demand for freehold properties disposed by Pub Companies is very high with an average sale price of £264,000. The demand for operational freehold properties also remains strong in rural locations, popular with experienced operators. Properties suitable for development or conversion are commonly converted into residential properties, often with a mix of retails and convenience stores use attached.

Counties covered from this office include: