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2-6 Brasenose Rd 7,984 sq ft 100% Let Industrial Property Bootle L20 8HG £315,000 (£39.45/sq ft) 10.62% Net Initial Yield
Investment Highlights
- On site parking
- Income producing
- Roller shutters
- Good location
- 20% roof lights.
Executive Summary
The property is held part freehold and part leasehold, and is available for £425,000 reflection an NIY of 7.87%. The property is let to Lodge Tyre Company Limited where a renewal has been agreed for a further 5 years with effect from 18 May 2024 at a rent at £38,000 per annum (exclusive) with no rent review and on an FR&I basis, subject to a photographic schedule of condition.
Property Facts
| Price | £315,000 | Costar Property Class | C |
| Price per sq ft | £39.45 | Total Plot Size | 0.65 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 7,984 sq ft |
| Yield | 10.62% | No. Floors | 1 |
| Tenure | Freehold/Long Leasehold | Year Built | 1930 |
| Property Type | Industrial | Parking Allocation | 0.75/1,000 sq ft |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 3 |
| Price | £315,000 |
| Price per sq ft | £39.45 |
| Sale Type | Investment |
| Yield | 10.62% |
| Tenure | Freehold/Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Costar Property Class | C |
| Total Plot Size | 0.65 ac |
| Net Internal Area (NIA) | 7,984 sq ft |
| No. Floors | 1 |
| Year Built | 1930 |
| Parking Allocation | 0.75/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- Fenced Lot
- Front Loading
- Security System
- Signage
- Wheelchair Accessible
- Yard
- Reception
- Roller Shutters
- Air Conditioning
- Smoke Detector
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2-6 Brasenose Rd
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