14-21 Williamson Street Liverpool Merseyside L1 1EB

14-21 Williamson Street
Liverpool
Merseyside
L1 1EB

City Centre Retail Investment

Let to Dorsman Estates Co Limited (guaranteed by Peacock's Stores Limited) (t/a Peacocks and Slater Menswear)
Prime central pedestrianised retail district
Close to the major Liverpool One Shopping Centre and the established St John's Centre
Neighbour occupiers include Marks & Spencer, H&M, River Island and Next

Lot
21
Auction
8th December 2011
Rent
£243,532 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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City Centre Retail Investment

Let to Dorsman Estates Co Limited (guaranteed by Peacock's Stores Limited) (t/a Peacocks and Slater Menswear)
Prime central pedestrianised retail district
Close to the major Liverpool One Shopping Centre and the established St John's Centre
Neighbour occupiers include Marks & Spencer, H&M, River Island and Next

Lot 21
Auction 8th December 2011
Rent £243,532 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 35 miles west of Manchester,, 17 miles north of Chester,, 17 miles west of Warrington
Roads: A59, M62 (Junction 4)
Rail: Liverpool Central Railway Station, Liverpool Lime Street
Air: Liverpool John Lennon International Airport

Situation

The property is situated in the heart of Liverpool's prime pedestrianised retailing district approximately 150 metres equidistant from the major established St John's Shopping Centre and the modern Liverpool One shopping centre.

Tenure

Long Leasehold. Held from Liverpool City Council for a term of 125 years expiring on 24th December 2110 at a fixed peppercorn rent

Location

Miles: 35 miles west of Manchester,, 17 miles north of Chester,, 17 miles west of Warrington
Roads: A59, M62 (Junction 4)
Rail: Liverpool Central Railway Station, Liverpool Lime Street
Air: Liverpool John Lennon International Airport

Situation

Tenure

Long Leasehold. Held from Liverpool City Council for a term of 125 years expiring on 24th December 2110 at a fixed peppercorn rent

Description

The property is a substantial detached retail building comprising retail and ancillary accommodation on the ground floor, first floor, second floor and basement.

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 is a substantial detached retail building comprising retail and ancillary accommodation on the ground floor, first floor, second floor and basement.

VAT

VAT is applicable to this lot.

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
Basement Part Ground	Retail & Ancillary Retail and Loading	673.56 sq m 588.50 sq m	(7,250 sq ft) (6,335 sq ft)	DORSMAN ESTATES CO LIMITED (guaranteed by Peacock’s Stores Limited) (t/a Peacocks) (1)	10 years from 29/09/2003	£114,282	Annually – subject to turnover rent. See lease for details
Part Ground First Second	Retail & Ancillary Retail/Ancillary Ancillary	87.59 sq m 677.71 sq m 673.67 sq m	(943 sq ft) (7,293 sq ft) (7,251 sq ft)	SLATER MENSWEAR (2)	15 years from 29/09/2001	£129,250	29/09/2011
Totals		2,701.03 sq m	(29,072 sq ft)			£243,532

(1) Dorsman Estates Co Limited lease and manage property for the trading requirements of the Peacock Group. For the year ending 3rd April 2010 Dorsman Estates Co Limited reported a turnover of £971,000, pre-tax profits £4,193,000 and a net worth of £18,262,000. (Source: riskdisk 10.11.2011). For the year ending 3rd April 2010 Peacocks Stores Limited reported a turnover of £526,653,00, pre-tax profits of £39,358,000 and a total net worth of £136,847,000. (Source: riskdisk 31.10.2011)
(2) Slaters Menswear are a long established family business operating from 22 outlets nationwide. (www.slaters.co.uk)