Property Auctions 21/May/2015 | 1 Temple Square, 24 Dale Street, Liverpool, Merseyside, L2 5RL

Freehold Landmark Office Investment

Entirely let to Canter, Levin & Berg Solicitors
Tenant in occupation since 2001 as their headquarters
Prominent position fronting Dale Street in the heart of Liverpool city centre
Approximately 400 metres from Liverpool One
Approximately 1,924.49 sq m (20,716 sq ft)
Future residential and hotel redevelopment potential (subject to consents)
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 8
Auction 21st May 2015
Rent £240,000 per Annum Exclusive
Status Sold Prior
Price
Sector
Office
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Joint LPA Receivers at Moorfields

Property Information

Location

Miles: 30 miles west of Manchester, 20 miles west of Warrington, 74 miles south-west of Leeds
Roads: A57, A5036, A59, M53 (Junction 1)
Rail: Moorfields Railway Station, Liverpool Lime Street Railway Station
Air: Liverpool John Lennon Airport

Situation

The property is situated in a prominent position on Dale Street within the heart of Liverpool’s commercial district. It benefits from excellent frontage and is within immediate proximity of Moorfields Railway Station. Dale Street is an important arterial route which links the waterfront and the city centre.

Tenure

Freehold.

Location

Miles: 30 miles west of Manchester, 20 miles west of Warrington, 74 miles south-west of Leeds
Roads: A57, A5036, A59, M53 (Junction 1)
Rail: Moorfields Railway Station, Liverpool Lime Street Railway Station
Air: Liverpool John Lennon Airport

Situation

The property is situated in a prominent position on Dale Street within the heart of Liverpool’s commercial district. It benefits from excellent frontage and is within immediate proximity of Moorfields Railway Station. Dale Street is an important arterial route which links the waterfront and the city centre.

Tenure

Freehold.

Description

The property comprises a Grade II listed office building over basement, lower ground, ground, first, second and third floors and includes a modern tower extension to the rear elevation. The property benefits from specification including suspended ceilings, carpeted flooring, and passenger lift access, perimeter trunking and LG3 compliant lighting.

This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Telephone: +44 (0)20 7034 4858.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a Grade II listed office building over basement, lower ground, ground, first, second and third floors and includes a modern tower extension to the rear elevation. The property benefits from specification including suspended ceilings, carpeted flooring, and passenger lift access, perimeter trunking and LG3 compliant lighting.

This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Telephone: +44 (0)20 7034 4858.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review/(Reversion)
Basement Lower Ground Ground First Second Third	Storage Office Office Office Office Office	208.73 sq m 297.02 sq m 327.93 sq m 371.61 sq m 365.66 sq m 353.53 sq m	(2,247 sq ft) (3,197 sq ft) (3,530 sq ft) (4,000 sq ft) (3,936 sq ft) (3,806 sq ft)	CANTER, LEVIN & BERG (1) (2)	15 years from 01/02/2001 on a full repairing and insuring lease (3)	£240,000	01/02/2011 (31/01/2016)
Totals		1,924.49 sq m	(20,716 sq ft)			£240,000

(1) Canter, Levin & Berg employ over 100 members of staff across Merseyside and have been established in Liverpool city centre since 1947. The firm is one of the leading independent general practices solicitors in the North West of England. (Source: www.canter-law.co.uk)
(2)The tenant has sublet the lower ground floor to Randstad Employment Bureau Ltd (t/a Randstad Recruitment) who are occupying this part of the property.
(3)The lease is subject to a schedule of condition.