Let to B&M Retail Limited until May 2031 (No Breaks)
Substantial Superstore approximately 3,422.95 sq m (36,843 sq ft)
2026 Rent Review linked to the Retail Price Index (RPI) subject to a minimum increase of 1% and a maximum of 3% per annum compounded
Prominent position in retail and leisure park
Car parking for approx. 30 vehicles.
Neighbouring occupiers include PureGym, Morrisons, McDonalds, KFC, Taco Bell, Farmfoods, Home Bargains and New Look
Lot 39
Auction 10th July 2025
Rent £196,188 per Annum Exclusive Rising to £227,440 pax in May 2026 (2)
Status Withdrawn Prior
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
6 miles north east of Liverpool City Centre
Roads
M57, M58, A506
Rail
Kirkby Merseyrail Station, Headbolt Lane Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is prominently situated within St Chads Parade, Kirkby Shopping Centre, the primary retail and leisure park for the surrounding area. The park benefits from excellent road and rail communications with the A506, A5208 as well as the M57 and M58 being located nearby. Kirby also benefits from Merseyside rail services direct to Liverpool Central in 17 minutes. Occupiers within the park include PureGym, Morrisons, McDonalds, KFC, Taco Bell, Farmfoods, Home Bargains and New Look
Tenure
Freehold.
Location
Miles
6 miles north east of Liverpool City Centre
Roads
M57, M58, A506
Rail
Kirkby Merseyrail Station, Headbolt Lane Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is prominently situated within St Chads Parade, Kirkby Shopping Centre, the primary retail and leisure park for the surrounding area. The park benefits from excellent road and rail communications with the A506, A5208 as well as the M57 and M58 being located nearby. Kirby also benefits from Merseyside rail services direct to Liverpool Central in 17 minutes. Occupiers within the park include PureGym, Morrisons, McDonalds, KFC, Taco Bell, Farmfoods, Home Bargains and New Look
Tenure
Freehold.
Description
The property comprises a substantial retail superstore arranged on the ground, first and second floors together with car parking for approximately 30 vehicles. The property benefits from rear access.
VAT
VAT is applicable to this lot.
Completion Period
6 Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial retail superstore arranged on the ground, first and second floors together with car parking for approximately 30 vehicles. The property benefits from rear access.
VAT
VAT is applicable to this lot.
Completion Period
6 Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Ground First Second
Retail Ancillary Plant
1,627.00 1,679.10 116.85
(17,513) (18,073) (1,257)
B&M RETAIL LIMITED (CRN: 01357507) (1)
15 years from 31/05/2016 until 30/05/2031
£196,188
31/05/2026 (2)
Total Approximate Floor Area
3,422.95
(36,843) (3)
£196,188 Rising to £227,440 pax in May 2026 (2)
(1) For the year ending 30/04/2024 B&M Retail Limited reported a Turnover of £4,417,000,000, a Pre-Tax Profit of £475,000,000 and a Shareholders Funds of £623,000,000 (NorthRow 18/06/2025). (2) The lease provides for the rent to be increased in line with the Retail Price Index (RPI) every 5 years subject to a minimum of 1% per annum compounded and a maximum of 3% per annum compounded. In accordance with the formula stated in the rent review clause (7) in the lease and using the latest published All Items RPI Index produces a figure of £266,231 pax for the forecasted rent which exceeds the 3% per annum compounded maximum increase. Therefore the rent will increase to the maximum figure of £227,440 pax on 31/05/2026. (3) The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/237957134).
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.
