Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment occupying a prominent pitch forming part of a popular parade.
Arranged across ground and first floors, the property is fully let to AAA Brothers Management Ltd on a 25 year lease expiring 05.08.2046 and paying £12,000 per annum.
The lease includes 5 yearly rent reviews to the higher of open market rent, or 5% per annum compounded. Therefore in 2026 the rent will increase to a minimum of £15,315 per annum.
The tenant did not exercise their 2024 break option displaying confidence in the location.
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
£12,000 per annum - Minimum Uplift to £15,315 per annum in 2026