Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment forming part of a popular local parade.
Arranged as a double ground floor retail unit with upper parts, the property is fully let to Ski Lounge Limited (with personal guarantors) on a 10 year lease expiring 15.02.2034 and paying £20,000 per annum.
The property occupies a prominent pitch forming part of a popular parade fronting Wallasey Road. The property forms part of the principal retail amenity within Liscard with nearby occupiers including KFC, Boots, McDonalds and Primark.
Tenure
Freehold
Tenancy
The property is let to Ski Lounge Limited (with personal guarantors) on a 10 year lease expiring 15.02.2034 and paying £20,000 per annum.
The lease is on full repairing and insuring terms and includes a tenant break option in the third year, with a rent review in the 5th year to the higher of open market rent or increased in line with RPI.
The tenant is currently paying £10,000 per annum, with a fixed uplift to £20,000 per annum in August 2026. The Vendor will "top up" the rent to £20,000 per annum from completion.
Rent