1-11 Liscard Village Liscard Wallasey Wirral CH45 4JG

  • 1-11 Liscard Village<br>Liscard<br>Wallasey<br>Wirral<br>CH45 4JG

1-11 Liscard Village
Liscard
Wallasey
Wirral
CH45 4JG

Freehold Retail Investment and Development Opportunity for 6 Flats (1)

  • Prominent Town Centre Freehold
  • Comprises 4 Shops and Vacant Upper floor (1)
  • Part let to DP Realty Ltd (t/a Dominos) on a lease expiring 2032 (6)
  • Part let to Age Concern Wirral on a lease expiring 2028 (2)
  • Lot
    46
  • Auction
    23rd September 2020
  • Rent
    £45,850 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    Live Streamed Auction
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Freehold Retail Investment and Development Opportunity for 6 Flats (1)

  • Prominent Town Centre Freehold
  • Comprises 4 Shops and Vacant Upper floor (1)
  • Part let to DP Realty Ltd (t/a Dominos) on a lease expiring 2032 (6)
  • Part let to Age Concern Wirral on a lease expiring 2028 (2)
  • Lot 46
  • Auction 23rd September 2020
  • Rent £45,850 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
3 miles north-west of Liverpool
3 miles north of Birkenhead
18 miles north east of Chester
Roads
A551, A59, M53 (junction 1)
Rail
Wallasey Village Railway Station
Air
Liverpool John Lennon Airport
Situation

Wallasey is a busy Liverpool suburb located 3 miles northwest of the city centre. The property is prominently situated on the corner of Liscard Village, opposite its junction with pedestrianised Liscard Way. The property is close to the Cherry Tree Shopping Centre which houses retailers including Holland & Barrett, Costa, Primark and Wilko. Other nearby occupiers include Tesco, Boots, Superdrug, McDonalds, Post Office and Barclays.

Tenure

Freehold.

Location
Miles
3 miles north-west of Liverpool
3 miles north of Birkenhead
18 miles north east of Chester
Roads
A551, A59, M53 (junction 1)
Rail
Wallasey Village Railway Station
Air
Liverpool John Lennon Airport
Situation

Wallasey is a busy Liverpool suburb located 3 miles northwest of the city centre. The property is prominently situated on the corner of Liscard Village, opposite its junction with pedestrianised Liscard Way. The property is close to the Cherry Tree Shopping Centre which houses retailers including Holland & Barrett, Costa, Primark and Wilko. Other nearby occupiers include Tesco, Boots, Superdrug, McDonalds, Post Office and Barclays.

Tenure

Freehold.

Description

The property comprises 4 ground floor shops together with vacant first floor. The first floor formerly used as office accommodation.

VAT

VAT is applicable to this lot.

Planning

(1) The first floor benefits from planning permission for 6 x 1 bedroom flats dated 28/09/2018 - Interested parties are referred to www.wirral.gov.uk Planning Ref : APP/18/01023.

Completion Period

Six Week Completion

EPC

See legal pack at www.acuitus.co.uk

Description

The property comprises 4 ground floor shops together with vacant first floor. The first floor formerly used as office accommodation.

VAT

VAT is applicable to this lot.

Planning

(1) The first floor benefits from planning permission for 6 x 1 bedroom flats dated 28/09/2018 - Interested parties are referred to www.wirral.gov.uk Planning Ref : APP/18/01023.

Completion Period

Six Week Completion

EPC

See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
Unit 1/3
Ground
Retail
97.00 sq m
(1,044 sq ft)
DP Realty Limited
t/aDomino`s (3)
20 years from
22/06/2012 (6)
£15,000 2022
(2032)
Unit 5/7
Ground
Retail
169.00 sq m
(1,819 sq ft)
Age Concern
Wirral (4)
10 years from
01/12/2018 (2)
£15,250 2023 (2)
(2028)
Unit 9
Ground
Retail
40.00 sq m
(430 sq ft)
LH Retail Limited
(storage)
12 month Licence
from 1/12/2019
£7,800 (2020)
Unit 11
Ground
Retail
47.00 sq m
(506 sq ft)
Marshall BusinessServices Limited
(t/aTaxAssist
Accountants)
3 years from
12/02/2019
£7,800 (2021)
First Floor  
372.00 sq m
(4,014 sq ft)
VACANT
Total
 
725.00 sq m
(7,813 sq ft)
    £45,850  

(2) Tenants option to determine in the 5th year.
(3) Since opening the first Dominos store in the UK in 1985, we now have over 1,000 stores across the country and more than 35,000 team members. Last year, we sold almost 90 million freshly handcrafted pizzas. (Source : www.dominos.co.uk) For the year ended 30th December 2018 DP Realty Limited reported Total Turnover of 26,451,000, Pre-Tax Profits 823,000 and Shareholders Funds of 4,370,000 (Source : SmartSearch 24/08/2020)
(4) Age UK trade from over 400 shops nationwide (source: www.ageuk.org.uk)
(5) www.taxassist.co.uk/accountants/wallasey
(6) Tenants option to determine on 21/06/2023

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Seller's Solicitors
Bingham & Co 68 Whetstone Lane
Birkenhead
CH41 2TF
0843 216 5174
Robin Kendall 0151 647 7372robin@binghamssolicitors.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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