9 June 2026: Tuesday 09 June 2026 - 9:00am
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Floorplan
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    Key features

    • Rarely Available Long-Let Leisure Opportunity
    • Public House Investment
    • Fully Let to JD Wetherspoon Plc
    • Recently renewed 30 year Lease Expiring 2055
    • No Tenant Break Options
    • Five Yearly Fixed Rental Uplifts of 7.5%
    • Rent Increasing to £107,671 in 2050
    • Tenant in occupation since 2004
    • Approx 13,766 sq ft (1,278.90 sq m)
    • Investment let at £75,000 p.a. (10% GIY on guide)
    • Gross Yield Exceeds 11.5% on Guide by 2035, and 14.35% by 2050

    Description

    The property comprises a rarely available long let leisure investment opportunity comprising the anchor unit for a popular local parade.

    Arranged as a public house across ground and first floors, the property is fully let to JD Wetherspoon Plc (a long standing tenant of 20+ years) on a recently renewed 30 year lease with no breaks expiring August 2055 and paying £75,000 per annum.

    The lease includes five yearly fixed uplifts of 7.5% - Please see the tenancy information for full breakdown.

    The property occupies a prominent pitch fronting the popular and high footfall Wallasey Road, with the subject property being the anchor unit for the parade. Nearby occupiers include Papa Johns, McDonald's, KFC, Iceland and Tesco as well as wade range of local and independent retailers.

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor - 8,144 sq ft (756.60 sqm)

    First floor - 5,622 sq ft (522.30 sqm)

    Total = 13,766 sq ft (1,278 sqm)

    Tenancy

    48 Wallasey Road

    • Let to JD Wetherspoon Plc (T/A as The Clairville)
    • Let on a 30 year lease from August 2025 (Reversion 2055) - no tenant break options
    • Stepped rent increases every 5 years
    • Rising to £80,625 on 06/08/2030
    • Rising to £86,672 on 06/08/2035
    • Rising to £93,172 on 06/08/2040
    • Rising to £100,159 on 06/08/2045
    • Rising to £107,671 on 06/08/2050
    • FR&I Lease
    • Investment let at £75,000 p.a.

    Rent

    £75,000

    Notes

    Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is located in the popular Liverpool suburb of Wallasey, some 2.5 miles west of Liverpool City Centre. The property is prominently situated in Wallasey town centre on the north side of Wallasey Road. The property also benefits from being within walking distance to Cherry Tree Shopping Centre which includes retailers such as Primark, B&M, Holland & Barrett, Home Bargains, Card Factory, Specsavers and EE. Other neighbouring occupiers include Papa Johns, McDonald's, KFC, Iceland and Tesco.

      Transport

      M53, M62, A5139

      Wallasey Village (Merseyrail), Liverpool Lime Street Railway Station

      Liverpool John Lennon Airport

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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