Prominent Bank Investment in Popular Liverpool suburb
Let to Lloyds Bank Plc
Lease renewed in December 2022- previous rent £40,000 p.a
Lease expires December 2029 (subject to option)
Prominent corner position adjacent to large public car park
Branch includes 5 cash points
Potential for advertising hoarding on flank wall
VAT free investment
Nearby occupiers include Greggs, Boots Pharmacy, British Heart Foundation and Specsavers
Lot 31
Auction 18th September 2025
Rent £38,000 per Annum Exclusive
Status Sold
Price £346,000
Sector Bank
Auction Venue Live Streamed Auction
Property Information
Location
Miles
4 miles north-west of Liverpool City Centre, 30 miles west of Manchester
Roads
A580, A5058, M57
Rail
Walton (Merseyside) direct to Liverpool Central in approx 10 minutes
Air
Liverpool John Lennon Airport, Manchester International Airport
Situation
The property is prominently situated on The Broadway, the principle retail thoroughfare in Norris Green, a busy residential suburb of Liverpool. Nearby occupiers include Greggs, Boots Pharmacy, Specsavers and Home Bargains. The property adjoins a large public car park.
Tenure
Virtual Freehold. For a term of 999 years from 10th June 1947 at a peppercorn rent. Please note that the freehold title is not registered at Land Registry. The Seller has had no contact with the freeholder since taking ownership in 2013 and so the freehold ownership is unknown. It might be possible for the Buyer to obtain the freehold, but the Buyer must seek their own independent advice in this respect.
Location
Miles
4 miles north-west of Liverpool City Centre, 30 miles west of Manchester
Roads
A580, A5058, M57
Rail
Walton (Merseyside) direct to Liverpool Central in approx 10 minutes
Air
Liverpool John Lennon Airport, Manchester International Airport
Situation
The property is prominently situated on The Broadway, the principle retail thoroughfare in Norris Green, a busy residential suburb of Liverpool. Nearby occupiers include Greggs, Boots Pharmacy, Specsavers and Home Bargains. The property adjoins a large public car park.
Tenure
Virtual Freehold. For a term of 999 years from 10th June 1947 at a peppercorn rent. Please note that the freehold title is not registered at Land Registry. The Seller has had no contact with the freeholder since taking ownership in 2013 and so the freehold ownership is unknown. It might be possible for the Buyer to obtain the freehold, but the Buyer must seek their own independent advice in this respect.
Description
The property comprises a ground floor banking hall, with office accommodation on the first floor. Ample parking can be found adjacent to the property in a public car park.
VAT
VAT is not applicable to this lot.
EPC
B36
Description
The property comprises a ground floor banking hall, with office accommodation on the first floor. Ample parking can be found adjacent to the property in a public car park.
VAT
VAT is not applicable to this lot.
EPC
B36
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent Review
Rent p.a.x.
Ground First
Banking Hall Offices
200.94 60.84
(2,163) (655)
LLOYDS BANK PLC (1)
7 years from 19/12/2022 (2)
19/12/2026
£38,000
Total
261.78
(2,818)
£38,000
(1) Lloyds Bank operates from over 447 branches and have approximately 26 million customers in the UK. Source: www.lloydsbankinggroup.com (18/07/2025). (2) The lease is subject to a tenant option to determine on 19/12/2026.
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.
