17 Liverpool Road Birkdale Southport Lancashire PR8 4AR

  • 17 Liverpool Road<br>Birkdale<br>Southport<br>Lancashire<br>PR8 4AR

17 Liverpool Road
Birkdale
Southport
Lancashire
PR8 4AR

Freehold Retail Investment

  • Prominent location near to Birkdale Railway Station
  • Let to Lytham Wine Company Limited on a new 20 year lease (1)
  • VAT-free investment
  • Nearby occupiers include Costa Coffee, Sainsbury’s and Royal Mail
  • Lot
    12
  • Auction
    5th December 2018
  • Rent
    £29,000 per Annum
  • Status
    Sold
  • Price
    £385,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Mapeley
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Freehold Retail Investment

  • Prominent location near to Birkdale Railway Station
  • Let to Lytham Wine Company Limited on a new 20 year lease (1)
  • VAT-free investment
  • Nearby occupiers include Costa Coffee, Sainsbury’s and Royal Mail
  • Lot 12
  • Auction 5th December 2018
  • Rent £29,000 per Annum
  • Status Sold
  • Price £385,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Mapeley

Property Information

Location
Miles
19 miles north of Liverpool, 20 miles south-west of Preston, 20 miles north-west of Wigan, 40 miles north-west of Manchester
Roads
A565, A570, A59, M58
Rail
Birkdale Station
Air
Liverpool John Lennon Airport
Situation

Southport is a large coastal town in Merseyside some 19 miles north of Liverpool, 20 miles south-west of Preston and 40 miles north-west of Manchester. Southport benefits from excellent road connections, being located near the A565, A59 and M58. The property is located in Birkdale, a predominantly residential suburb 1 miles south of Southport town centre. The property is situated on the north side of Liverpool Road, close to its junction with Alma Road, in a prominent retail location in Birkdale. Royal Birkdale golf club is 1 mile to the south. The property is just 50 yards from Birkdale Train Station and benefits from nearby occupiers including Costa Coffee, Sainsbury’s and Royal Mail.

Tenure

Freehold.

Location
Miles
19 miles north of Liverpool, 20 miles south-west of Preston, 20 miles north-west of Wigan, 40 miles north-west of Manchester
Roads
A565, A570, A59, M58
Rail
Birkdale Station
Air
Liverpool John Lennon Airport
Situation

Southport is a large coastal town in Merseyside some 19 miles north of Liverpool, 20 miles south-west of Preston and 40 miles north-west of Manchester. Southport benefits from excellent road connections, being located near the A565, A59 and M58. The property is located in Birkdale, a predominantly residential suburb 1 miles south of Southport town centre. The property is situated on the north side of Liverpool Road, close to its junction with Alma Road, in a prominent retail location in Birkdale. Royal Birkdale golf club is 1 mile to the south. The property is just 50 yards from Birkdale Train Station and benefits from nearby occupiers including Costa Coffee, Sainsbury’s and Royal Mail.

Tenure

Freehold.

Description

The property comprises a ground floor shop with delicatessen, restaurant and bar. The first floor is residential accommodation.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a ground floor shop with delicatessen, restaurant and bar. The first floor is residential accommodation.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

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 Reviews/
(Reversion)
Ground
First		 Retail/Ancillary
Residential
110.60 sq m
(1,190 sq ft)
 LYTHAM WINE
COMPANY
LIMITED
t/a Barrique (2)		 20 years from
13/08/2018 on a
full repairing and
insuring lease (1)		 £29,000 (3) 2023 and
5 yearly
Total
 Commercial
110.60 sq m
(1,190 sq ft)
     £29,000  

(1) Tenant’s option to determine the lease in 2025 & 2030.
(2) Barrique Café, Wine Shop, Bar is opening its second site in Birkdale in November. This unique concept has been a great success in Lytham (Source: www.caterer.com).
(3) The tenant has a rent free period due to expire in February 2020. The Seller will adjust the completion monies so that the unit effectively produces £29,000 per annum from completion of the sale.

Contacts

Seller's Solicitors
Addleshaw Goddard LLP One St Peter's Square
Manchester
M2 3DE
Dawn Mayne 0161 934 6478Dawn.Mayne@addleshawgoddard.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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