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Investment Highlights

  • Prominent town centre location
  • On-site parking for up to 39 cars
  • Great access to transport links

Executive Summary

Long leasehold from Sefton Council expiring 3rd March 2067. Ground rent is based on 7.5% of rents received; this is currently a nominal £750pa.
The current 50-year lease held by Sefton Council can be terminated by either party at any time, upon 3 months’ notice by the Tenants, or upon 1 months’ notice by the Landlords.
Discussions have been held with Sefton Council about selling their freehold interest and, in principle, approval has been given to a disposal subject to commercial terms being agreed.

Attachments

Brochure

Property Facts

Sale Type
Investment or Owner Occupier
Sale Conditions
Unit Conversion
Property Type
Office
Tenure
Freehold/Long Leasehold
Property Size
27,226 sq ft
Costar Property Class
C
Year Built
1971
Tenancy
Single
Number of Floors
7
Typical Floor Size
4,018 sq ft
Plot ratio
5.68
Total Plot Size
0.11 ac
Parking
39 Spaces (1.43 Spaces per 1,000 sq ft Leased)

Amenities

  • Accent Lighting

Major Tenants

  • Tenant
  • Industry
  • sq ft Occupied
  • Rent/sq ft
  • Lease End
  • Sefton Council
  • Public Administration
  • -
  • -
  • -
Tenant Industry sq ft Occupied Rent/sq ft Lease End
Sefton Council Public Administration - - -
  • Listing ID: 14564694

  • Date on Market: 06/12/2018

  • Last Updated:

  • Address: University Rd, Bootle L20 3NF

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