SRCL Limited Bradman Road, Knowsley Industrial Park Liverpool Merseyside L33 7UR

SRCL Limited
Bradman Road, Knowsley Industrial Park
Liverpool
Merseyside
L33 7UR

Substantial Industrial Investment

  • Substantial industrial unit entirely let to SRCL Limited
  • Entirely let until 2029 (subject to option)
  • Fixed rental increases in 2019 and 2023 (see note 4)
  • Located on the established Knowsley Industrial Park
  • Approximately 85,167 sq ft (7,912 sq m)
  • Lot
    46
  • Auction
    28th March 2018
  • Rent
    £120,714 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,200,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Substantial Industrial Investment

  • Substantial industrial unit entirely let to SRCL Limited
  • Entirely let until 2029 (subject to option)
  • Fixed rental increases in 2019 and 2023 (see note 4)
  • Located on the established Knowsley Industrial Park
  • Approximately 85,167 sq ft (7,912 sq m)
  • Lot 46
  • Auction 28th March 2018
  • Rent
  • Status Sold
  • Price £1,200,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
8 miles north-east of Liverpool City Centre
19 miles south of Wigan
35 miles west of Manchester
Roads
A5208, A580, M57 (Jct 4 & 5), M58, M6 (Jct 26 & Jct 23)
Rail
Kirkby Railway Station
Air
Liverpool John Lennon International Airport
Situation

The property is situated in a prominent position within Knowsley Industrial Park, at the corner of Bradman Road and Acornfield Road. Knowsley Industrial Park is one of Liverpool’s prime industrial locations approximately 8 miles north-east of Liverpool city centre benefitting from being less than 1 mile from junctions 4 and 5 of the M57 and within close proximity to Potter Rail Terminal and the region's airports.

Tenure

Virtual Freehold. Held from Knowsley Metropolitan Borough Council on two separate leases for a term of 999 years from 01/04/1946 until 31/03/2945 at a peppercorn rent with no reviews.

Location
Miles
8 miles north-east of Liverpool City Centre
19 miles south of Wigan
35 miles west of Manchester
Roads
A5208, A580, M57 (Jct 4 & 5), M58, M6 (Jct 26 & Jct 23)
Rail
Kirkby Railway Station
Air
Liverpool John Lennon International Airport
Situation

The property is situated in a prominent position within Knowsley Industrial Park, at the corner of Bradman Road and Acornfield Road. Knowsley Industrial Park is one of Liverpool’s prime industrial locations approximately 8 miles north-east of Liverpool city centre benefitting from being less than 1 mile from junctions 4 and 5 of the M57 and within close proximity to Potter Rail Terminal and the region's airports.

Tenure

Virtual Freehold. Held from Knowsley Metropolitan Borough Council on two separate leases for a term of 999 years from 01/04/1946 until 31/03/2945 at a peppercorn rent with no reviews.

Description

The property comprises two industrial units providing warehouse and office accommodation and a large yard with a total approximate site area of 3.357 acres (1.359 hectares).

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises two industrial units providing warehouse and office accommodation and a large yard with a total approximate site area of 3.357 acres (1.359 hectares).

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit No. Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
1 Ground Industrial
4,589.69 sq m
(49,403 sq ft)
SRCL LIMITED
(1)
15 years from
13/01/2014
(2)(3)
£95,714 (12/01/2029)
2 Ground

First
Industrial/
Office
Ancillary
1,659.44 sq m

1,663.15 sq m
(17,862 sq ft)

(17,902 sq ft)
SRCL LIMITED
(1)
Approx 12
years 9 months
from
30/03/2016
(2) (3)
£25,000 Fixed increases
on 25/12/2019
and 25/12/2023
(4)
(12/01/2029)
Total
7,912.28 sq m
(85,167 sq ft)
    £120,714  

(1) SRCL Limited (t/a Stericycle) are the UK’s leading healthcare waste specialists with 20 sites across the UK and Ireland, providing more waste collection, treatment and disposal services to more NHS and private sector hospitals in the UK than anyone else. They are part of Stericycle Inc. which provides healthcare services to over half a million customers worldwide (Source: www.srcl.com 23/02/2018).
(2) The leases are full repairing and insuring, subject to a schedule of condition.
(3) The lease of Unit 1 is subject to a tenant only option to determine on 13/01/2024 subject to 12 months’ written notice.
The lease of Unit 2 is subject to a tenant only option to determine on 13/01/2023 subject to 12 months’ written notice.
(4) The lease of Unit 2 benefits from fixed rental increases to £30,000 p.a. in 2019 and £35,000 p.a. in 2023.

Property Documents

  • Catalogue Page
    Updated Date
    08.11.19
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    08.11.19
    File Size
    716 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Lupton Fawcett Yorkshire House, East Parade
Leeds
West Yorkshire
LS1 5BD
David Whitaker 0113 280 2118david.whitaker@luptonfawcett.law

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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