84 Coronation Road
Crosby
Liverpool
Merseyside
L23 5RH

Prominent Freehold Retail Investment

  • Prominent Town Centre Roadside Location
  • New 10 year lease (1)
  • Future alternative use potential on the upper floor
  • VAT-free investment
  • Lot
    47
  • Auction
    16/Jun/2021
  • Rent
    £15,000 per Annum Exclusive
  • Status
    Available
  • Price*
    £110,000 - £120,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • On Instructions of a Major Property Company
  • 84 Coronation Road<br>Crosby<br>Liverpool<br>Merseyside<br>L23 5RH
  • Expand
  • Photos
  • Map

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

Property Information

Location
Miles
6 miles north of Liverpool
11 miles south of Southport
35 miles west of Manchester
Roads
M62, M58, M57, A565
Rail
Blundellsands & Crosby Railway Station
Air
Liverpool John Lennon Airport
Situation

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.

Tenure

Freehold.

Description

The property comprises a ground floor shop will ancillary accommodation above at first floor

VAT

VAT is not applicable to this lot.

Planning

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

Completion Period

Six Week Completion

EPC

See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.xRent 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 £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    11.06.21
    File Size
    13 MB
    Login to View
  • Catalogue Page
    Updated Date
    27.05.21
    File Size
    554 KB
    View PDF
  • Site Plan
    Updated Date
    27.05.21
    File Size
    810 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
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Addleshaw Goddard LLP One St Peter's Square, 27 Quay Street
Manchester
M2 3DE
Rhiannon Brown 0161 934 6490rhiannon.brown@addleshawgoddard.com

Useful Links

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