22 Speke Road Garston Liverpool Merseyside L19 2PA

22 Speke Road
Garston
Liverpool
Merseyside
L19 2PA

Highly Reversionary Freehold Supermarket Investment

Entirely let until November 2045 at a fixed rent
Substantial reversion in 20 years
Sublet to Iceland at £45,717 p.a.x. (tenant option to determine the sublease in February 2025 not exercised)
Approx. 991.20 sq m (10,668 sq ft) with rear service area and front parking
Dominant retailer in busy thoroughfare
Nearby occupiers include Lidl, KFC and Dunelm
VAT free investment

Lot
39
Auction
27th March 2025
Rent
£550 per Annum Exclusive
Status
Sold
Price
£155,000
Auction Venue
Live Streamed Auction

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Highly Reversionary Freehold Supermarket Investment

Entirely let until November 2045 at a fixed rent
Substantial reversion in 20 years
Sublet to Iceland at £45,717 p.a.x. (tenant option to determine the sublease in February 2025 not exercised)
Approx. 991.20 sq m (10,668 sq ft) with rear service area and front parking
Dominant retailer in busy thoroughfare
Nearby occupiers include Lidl, KFC and Dunelm
VAT free investment

Lot 39
Auction 27th March 2025
Rent £550 per Annum Exclusive
Status Sold
Price £155,000
Sector
Supermarket/Convenience
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 5 miles south east of Liverpool City Centre
Roads: A561
Rail: Liverpool South Parkway
Air: Liverpool John Lennon Airport

Situation

The property is situated on the south side of Speke Road at its junction with Garston Way (A561), some 5 miles south east of Liverpool City Centre in the suburb of Garston. Nearby occupiers include Lidl, KFC, Dunelm, Oxfam and YMCA.

Tenure

Freehold.

Location

Miles: 5 miles south east of Liverpool City Centre
Roads: A561
Rail: Liverpool South Parkway
Air: Liverpool John Lennon Airport

Situation

Tenure

Freehold.

Description

The property comprises a double fronted supermarket arranged on the ground and first floors with a rear service area and car parking to the front.

The property is sublet to Iceland Foods Limited for a term of 25 years from 28/02/2005 at a current rent reserved of £45,717 p.a.x. The lease was subject to a tenant option to determine in February 2025, which was not exercised.

VAT

VAT is not applicable to this lot.

EPC

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

Description

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.
Ground First	Supermarket Ancillary	531.20 460.00	(5,717) (4,951)	INDIVIDUAL (underlet to Iceland Foods Limited)	90 years from 14/11/1955 until 13/11/2045	£550
Total		991.20	(10,668)			£550

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

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.