Liverpool John Lennon Airport and City Airport Manchester
Situation
The property is situated in a prominent position on the western side of Ormskirk Road, the main road connecting Aintree with Liverpool. Ormskirk Road is an established retail warehouse location close to the prestigious Aintree Racecourse which offers excellent access to both the M57/M58 interchange and the M6 (Junction 26). The popular Aintree Racecourse Retail & Business Park is situated immediately opposite the property and houses a number of national retailers including Pizza Hut, Maplin, TK Maxx, Homebase, Carphone Warehouse and PC World. Adjacent to that lies Aintree Shopping Park providing further key occupiers such as Boots, Next, Marks & Spencer, B&Q and Mothercare.
Tenure
Freehold.
Location
Miles
6 miles north of Liverpool, 15 miles south of Southport, 22 miles north-east of Warrington, 38 miles west of Manchester
Liverpool John Lennon Airport and City Airport Manchester
Situation
The property is situated in a prominent position on the western side of Ormskirk Road, the main road connecting Aintree with Liverpool. Ormskirk Road is an established retail warehouse location close to the prestigious Aintree Racecourse which offers excellent access to both the M57/M58 interchange and the M6 (Junction 26). The popular Aintree Racecourse Retail & Business Park is situated immediately opposite the property and houses a number of national retailers including Pizza Hut, Maplin, TK Maxx, Homebase, Carphone Warehouse and PC World. Adjacent to that lies Aintree Shopping Park providing further key occupiers such as Boots, Next, Marks & Spencer, B&Q and Mothercare.
Tenure
Freehold.
Description
The property comprises a modern detached single storey retail warehouse
divided into two units, benefitting from on-site parking for 17 cars and a service
yard. There is an electricity substation on site.
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.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a modern detached single storey retail warehouse
divided into two units, benefitting from on-site parking for 17 cars and a service
yard. There is an electricity substation on site.
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.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
1
Retail Warehouse
275.46 sq m
(2,965 sq ft)
HSS HIRE SERVICE GROUP LIMITED (1)
20 years from 22/05/2000 until 21/05/2020
£65,600
22/05/2015
2
Retail Warehouse
275.46 sq m
(2,965 sq ft)
BATHSTORE.COM LIMITED (2)
20 years from 25/10/2001 until 24/10/2021
£62,500
25/10/2016
Totals
550.92 sq m
5,930 sq ft)
£128,100
(1) For the year ending 31st December 2013, HSS Hire Service Group Limited reported a turnover of £225,813,000, pre-tax profits of £20,415,000 and a total net worth of £51,585,000 (Source: www.riskdisk.com 26/02/2015). (2) Bathstore.com is the country’s leading specialist bathroom retailer with 173 stores across the UK (Source: http://www.bathstore.com/about-us). The unit has been sublet.