Auction Property Details

Unit 1,2 & 3 Link Road, Huyton, Liverpool, L36 6AP

Lot 35 - 28.05.2015

WITHDRAWN

FOR SALE BY PUBLIC AUCTION THURSDAY 28TH MAY 2015 AT LIVERPOOL TOWN HALL

UNITS 1, 2 & 3 LINK ROAD, HUYTON INDUSTRIAL ESTATE, L36 6AP

COMMERCIAL INVESTMENT

WHY BUY?
GIA 33,355 sqft
Producing £49,597pa
One tenant all 3 units
Agreed annual increases

DESCRIPTION
There are 3 separate units that are currently tenanted to a well established business on 3 separate leases which are producing a combined rental income of £49,597pa rising to £66,710pa by 2017. The total gross internal area is 33,355 sqft. This unit is ideal as a commercial investment opportunity with potential to negotiate new lease terms and rentals in 2017.

LOCATION
These modern units are located in a secure setting, close to M62 and M57 Motorway junctions, on Huyton Industrial Estate. Offering on-site loading and parking. Liverpool City Centre is only 9 miles away with Manchester only 27 Miles away.

ACCOMMODATION
Unit 1: 10,578 sq ft
Unit 2: 11,328 sq ft
Unit 3: 11,449 sq ft

LEASE DETAILS
Unit 1: 5yrs from 1st November 2012 - Current rent passing: £21,156pa
Unit 2: 5yrs from 15th December 2012 - Current rent passing £16,992pa rising to £22,656 15th June 2015 for remainder of the term
Unit 3: 5yrs from 1st March 2015 - Current rent passing £11,449pa rising to £17,173pa from the 1st March 2016 for the 2nd year and then rising to £22,898 from 1st March 2017 for the remainder of term

NB - All measurements and lease details provided by The Property Centre

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.