Commercial properties can be categorized into various sectors, each of which is associated with a specific type of business or industry. These sectors represent the different types of commercial real estate that are available for investment, leasing, or development.
Commercial properties are typically categorized into different use classes to help define their intended purpose and use. The specific use class system can vary by location, and it's essential to check with your local planning authority for the most accurate and up-to-date information. In the United Kingdom, for example, the Town and Country Planning (Use Classes) Order 1987 (as amended) defines various use classes for commercial properties. Here's a general list of use class orders for commercial properties in the UK as of my last knowledge update in January 2022:
- Use Class A1: Shops - includes retail shops, post offices, hairdressers, travel agencies, and other similar uses.
- Use Class A2: Financial and Professional Services - includes banks, building societies, estate agents, and professional services (e.g., accountants, solicitors).
- Use Class A3: Restaurants and Cafes - includes the sale of food and drink for consumption on the premises.
- Use Class A4: Drinking Establishments - includes pubs, bars, and other venues for the sale and consumption of alcohol.
- Use Class A5: Hot Food Takeaways - includes the sale of hot food for consumption off the premises.
- Use Class B1: Business - includes offices, research and development facilities, and light industrial uses that do not create pollution or nuisance.
- Use Class B2: General Industrial - includes industrial processes that may create some environmental or nuisance impact.
- Use Class B8: Storage and Distribution - includes storage and distribution centers, warehouses, and similar facilities.
- Use Class C1: Hotels - includes hotels, boarding houses, and guest houses.
- Use Class C2: Residential Institutions - includes hospitals, care homes, and secure residential accommodation.
- Use Class C2A: Secure Residential Institutions - includes secure hospitals and secure training centers.
- Use Class C3: Dwellinghouses - includes residential properties for single families or up to six unrelated individuals sharing.
- Use Class C4: Houses in Multiple Occupation (HMOs) - includes small shared houses and flats occupied by three to six unrelated individuals.
- Use Class D1: Non-Residential Institutions - includes places of worship, health centers, nurseries, and other non-residential institutions.
- Use Class D2: Assembly and Leisure - includes cinemas, concert halls, gyms, and other leisure facilities.
Please note that the specific use classes and their definitions can vary from country to country and may also be subject to local variations and regulations. Additionally, use classes and zoning regulations may change over time, so it's crucial to check with local authorities or planning departments for the most up-to-date information and to ensure compliance with local laws and regulations for your commercial property.
- B1
Key features
- Heart of Liverpool CBD
- Flexible terms are available
- Dedicated onsite management team
- Bike stores
- Meeting rooms
- Function rooms
- 24/7 access
- Variety of specifications
Property description
Cotton Exchange is one of Liverpool's well-loved and iconic buildings in the city center, and one of the great attractions of the building is its character and history.
The Cotton Exchange was built in 1906 and was once the center of the cotton trading world, housing Liverpool's thriving cotton exchange, with telephones and direct cables going to New York, Bremen, and even Bombay.
The original ornate façade of the building was replaced in the late 1960's with Cotton House office space. The statues that once adorned the façade can still be found round the building. There are reminders of its intriguing history to be found throughout, from the cotton emblems on Edmund Street to the old granite columns within some of the office space.
The building has been refurbished with a brand new stunning reception entrance opening onto Bixteth Street, which has unlocked many of the building's period features including the restoration of the original internal domes. The striking Terrazzo floor has been carefully restored and has produced a spectacular, enticing walkway running throughout the ground floor. It has also removed the suspended ceiling to reveal a vaulted ceiling with ornamental domes.
The end result is an open and inviting new heart in one of the most historic buildings in Liverpool—an inspiring mix of classic design, yet perfectly suited to modern business.
Technical specification varies on a suite by suite basis but all offices are finished to the same high standard. Outlined below are some of the key specifications found throughout the building.
- Flexible suites from one person to two hundred people
- Newly refurbished offices
- 3 part perimeter trunking
- Recessed modular lighting
- 24 hour access
- Lift access
- Refurbished common parts
Location:
Located on Bixteth Street, Cotton Exchange sits at the heart of Liverpool's new commercial district.
The building is surrounded by a wealth of amenities and transport links. Liverpool John Lennon Airport is just a short journey away and with both Liverpool Lime Street and Moorfields train stations within walking distance, the building provides access to all major UK cities.
With a Starbucks on-site, and a Tesco and Sainsbury's just minutes walk away, Cotton Exchange offers pretty much everything you need, all on your doorstep.
Keppie Massie are not able to advise in relation to matters and obligations regarding fire combustibility, resistance or protection. Keppie Massie do not provide any assurances regarding current or future fire regulatory requirements in respect of the property and that may impact upon future occupation, safety or maintenance and associated costs. All interested parties should rely on their own enquiries in this respect. Prepared February 2020. Regulated by RICS.
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