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Liverpool Echo
Liverpool Echo
National
Charlotte Hadfield

Shops in 'new city centre' you could own for £1 a month

On a small stretch of Smithdown Road, two new shops are available to rent at a cost of just £1 per month.

Entrepreneurs are being invited to submit their business ideas for the empty premises as part of the Shops for a Pound scheme. The project was first launched by Liverpool City Council back in 2016 with the aim of bringing empty shops in the Picton area back into use by offering them to small start-up businesses to refurbish after purchasing them for £1.

However, this changed and a developer paid for the refurbishment of six of the Smithdown Road shops under a revised scheme. Business owners like Taya Hughes, who opened her fashion boutique Seven Streets on Smithdown Road earlier this year, now pay £1 per month to rent the premises for the first three years.

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