HM Revenue & Customs (HMRC) has reportedly selected India Buildings in Liverpool as the location of a new hub office of more than 300,000 sq ft. The government department will let the majority of the space at the 350,000 sq ft building, according to Property Week. The Water Street property was acquired by Shelborn Asset Management for £17m in January 2016 and at the time was largely vacant. The proposed HMRC letting forms part of an initiative by the Government Property Unit to consolidate its office space, creating 13 large hubs across the country. India Buildings’ quoting rent is £16.50 per sq ft.
Read more: Insider Media