Comments : Liverpool Metquarter for sale & cruise terminal to open

Posted: 22/05/2012

Do you have a spare £25 million? If so, would you be interested in buying Liverpool’s shopping mall, the Metquarter?

The £25 million price tag is a bargain compared to the £90 million it was bought for in 2007. The huge price drop is due to the Liverpool One development that was completed in 2008, which caused the loss of some tenants and customer business.

The shopping centre is 135,626ft  and houses designer brands such as the Armani Exchange and Hugo Boss.

It is being sold by to the Irish Bank Resolution Corporation which was set up to wind down Anglo Irish and Irish Nationwide banks by selling their real estate.

In other news, Liverpool Council will pay £8.8 million back to the Government from its grant to allow cruises to start and finish on the River Mersey.

Mike Penning, the Transport Minister lifted the restrictions that Joe Anderson has fort for since 2010, before his successful election that made him the first Mayor of Liverpool, to allow cruises to port at the terminal.

The news will kick start a new era in the cities long, proud maritime history. The first cruise ship that is set to arrive at Pier Head next week is the 17,500 ton Ocean Countess.

Mayor Joe Anderson spoke to the Liverpool Echo and said, ‘I will not rest until the city is absolutely flourishing in terms of cruise liners visiting Liverpool on a regular basis. This is a city with a maritime history and heritage that is second to none.’ He also recalled watching cruise liners pull into the dock when he was a ten year old boy.

There will be a temporary facility set up on the waterfront to handle baggage and passengers when the Ocean Countess arrives until the permanent facility can be built.

What are your thoughts on the latest news from Liverpool?

Amanda McGovern, Pali Ltd
www.paliltd.com

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Luanda says ...

‘If you want to be away from kids then DO NOT go on a Disney cruise. There are pnetly of other alternatives on great cruise lines that offer more options and accommodations as good or better than Disney. Disney has only two ships and thus your options for itineraries are very limited and prices on Disney tend to be higher.For an anniversary I recommend Celebrity, Princess, Royal Caribbean or Holland America. Royal Caribbean tends to have families with kids but the other cruise lines have some but not as many kids. All of these cruise lines do have programs just for kids to keep them busy each day and special areas on ships where the kids hang out with professional staff persons to supervise them. Some have special water play areas on ships for kids with water slides and such. The other way to have fewer kids is to cruise to Alaska, the Panama Canal, The Mediterranean, or New England/Canada. Also, cruises longer than 7 days usually do not have as many kids on board.’

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