42 Eccleston Street
L34 5QJ

Freehold Retail Investment

  • Let to Boots UK Limited until 2023 (no breaks)
  • Fixed 1.5% annual rental increases rising to £33,810.53 in 2022 (3)
  • 2020 break option removed (2)
  • Tenant in occupation since 1973
  • Nearby occupiers include Thomas Cook, Home Bargains, Betfred and Card Factory
  • Lot
  • Auction
  • Rent
    £31,855 per Annum Exclusive
  • Status
  • Price*
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Trustees
Important Property Update
  • 42 Eccleston Street<br>Prescot<br>Liverpool<br>L34 5QJ
  • Expand
  • Photos
  • Map

Property Information

7 miles east of Liverpool, 30 miles west of Manchester
A58, M62 (Junction 7), M57 (Junction 7)
Prescot Railway Station (direct to Liverpool Lime Street)
Liverpool John Lennon Airport

The property is situated in a prominent position in the centre of Prescot on the south side of Eccleston Street, the principal pedestrianised retail thoroughfare in the town. Nearby occupiers include Thomas Cook, Home Bargains, Betfred and Card Factory. The Prescot Shopping Centre is located close by, which has been cited for development in the Knowsley Council Town Centre Master Plan.




The property comprises a ground floor retail unit with first floor ancillary accommodation and benefits from servicing to the rear via Aspinall Street. The tenant operates an NHS licensed pharmacy from the unit.


VAT is applicable to this lot.

Completion Period

Six Week Completion

Bidder's Legal Report

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Tenancy & Accomodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview/
221.48 sq m
74.60 sq m
(2,384 sq ft)
(803 sq ft)
10 years & 3 days from
29/03/2013 (2)
on a full repairing
and insuring lease
(2) with
increases (3)
296.08 sq m
(3,187 sq ft)

(1) For the year ending 31st August 2016, Boots UK Limited reported a turnover of £6,876,000,000, pre-tax profits of £523,000,000 and a total net worth of £1,204,000,000 (Source: Experian Group 17/01/2018). Boots is the UK’s leading pharmacy-led health and beauty retailer, with around 2,500 stores in the UK, ranging from local community pharmacies to large destination health and beauty stores. Boots UK is part of the Retail Pharmacy International Division of Walgreens Boots Alliance, Inc, the first global pharmacy led health and wellbeing enterprise (Source: www.boots-uk.com 23/02/2018).
(2) The tenant is currently benefitting from a rent free period expiring 31/03/2019 in exchange for removing the 2020 break option. The seller has agreed to adjust the completion monies so that the unit effectively produces £31,855.75 from the completion of the sale.
(3) The lease provides for annual fixed rental increases of 1.5%. The rent will therefore increase to £32,333.59 p.a.x on 01/04/2019, £32,818.59 p.a.x on 01/04/2020, £33,310.87 on 01/04/2021 and £33,810.53 on 01/04/2022.

Property Documents

  • Site Plan
    Updated Date
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    File Size
    879 KB
    View PDF
  • Common Auction conditions
    Updated Date
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF


Gwen ThomasGwen Thomas +44 (0)20 7034 4857 +44 (0)7809 363549gwen.thomas@acuitus.co.uk
Georgina RobertsGeorgina Roberts +44 (0)20 7034 4863georgina.roberts@acuitus.co.uk
Seller's Solicitors
Gowling WLG Two Snowhill
B4 6WR
Heather Manning 0121 393 0806heather.manning@gowlingwlg.com

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