Prominent Freehold Retail Investment
Prominent Freehold Retail Investment
The coastal town of Crosby with a population of 52,000 is located 6 miles north of Liverpool, 11 miles south of Southport and 36 miles west of Manchester. The property is situated in a prominent position at the junction of Coronation Road and Liverpool Road (A565) close to Sainsburys supermarket and car parking. Nearby occupiers include a number of local retailers.
Freehold.
The coastal town of Crosby with a population of 52,000 is located 6 miles north of Liverpool, 11 miles south of Southport and 36 miles west of Manchester. The property is situated in a prominent position at the junction of Coronation Road and Liverpool Road (A565) close to Sainsburys supermarket and car parking. Nearby occupiers include a number of local retailers.
Freehold.
The property comprises a ground floor shop will ancillary accommodation above at first floor
VAT is not applicable to this lot.
The property may benefit from future redevelopment for a variety of uses, subject to all necessary consents/permissions and current tenancy. Interested Parties are referred to www.sefton.gov.uk
Six Week Completion
See legal pack at www.acuitus.co.uk
The property comprises a ground floor shop will ancillary accommodation above at first floor
VAT is not applicable to this lot.
The property may benefit from future redevelopment for a variety of uses, subject to all necessary consents/permissions and current tenancy. Interested Parties are referred to www.sefton.gov.uk
Six Week Completion
See legal pack at www.acuitus.co.uk
| Floor | Use | Floor Areas (Approx) |
Tenant | Term | Rent p.a.x | Rent Review (Reversion) |
|
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
129.50 sq m 37.20 sq m |
(1,394 sq ft) (400 sq ft) |
KYLPEA LTD t/a Kylpea |
10 years from 13/11/2020 (1) |
£7,500 rising to £15,000 on 13/08/2021 (2) (3) |
(24/12/2025) |
| Total |
166.70 sq m |
(1,794 sq ft) |
£15,000 (2) | ||||
(1) Tenants option to determine on 13/11/2026
(2) The rent rises to £15,000 on 13/08/2021. The Seller will top up the rent from completion of the sale to the 12/08/2021, by way of an allowance on completion of the sale.
(3) Rent Deposit held of £3,750
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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