For Sale - Mixed Use Investment Opportunity Crown Buildings, 6-7 Liverpool Road, Crosby, L23 5SR
Part let to St Joseph’s Hospice Association – 10 year lease without break at £16,000 pa Independently accessed 1st & 2nd floor residential / office conversion opportunity
08449 02 03 04 gva.co.uk/11817
Description Crosby is an affluent town in Merseyside located approximately 7 miles north of Liverpool City Centre. The premises occupy a highly prominent position fronting the A565 (Liverpool Road) leading north from Liverpool to Southport and Formby. The subject property comprises ground floor retail premises with first floor office / storage accommodation, in addition to a separately accessed first and second floor residential / office opportunity. Nearby occupiers include Tesco, Halifax and Santander Bank.
year effective FRI lease from May 2017 without breaks at a passing rent of £16,000 pa. Rent is to be reviewed on an upwards only basis at 5 yearly intervals on an open market basis.
Covenant
For further information please contact:
Joel Lawson 0151 471 6735
[email protected] St Joseph’s Hospice Association t/a Jospice are a registered charity (Registration No. 1090151). Jospice
operate 10 shops in Merseyside and generated turnover of c.£3.1m (2016).
EPC
Jennifer Mallon 0151 471 6714
[email protected] Property ref gva.co.uk/retail 08449 02 03 04
An EPC will be available upon request.
Legal Costs
Accommodation The ground floor retail premises provide the following approximate net internal floor areas: Ground Floor
815 sq ft
75.51 sq m
First Floor
272 sq ft
25.27 sq m
Each party is to be responsible for their own legal costs incurred in any transaction.
Business Rates The property has been assessed for rating purposes as follows: Rateable Value: £18,500
In addition, the first and second floor accommodation is arranged as follows:
UBR (2016/2017): £0.497
First Floor
461 sq ft
42.79 sq m
Interested parties should make their own enquiries with the Local Authority to verify this information.
Second Floor
474 sq ft
44.02 sq m
Price £250,000
Lease The ground floor retail premises are let to St Joseph’s Hospice Association on a 10
VAT VAT, if applicable, will be charged at the standard rate.
GVA No.4 St Paul’s Square, Old Hall Street, Liverpool L3 9SJ GVA is the trading name of GVA Grimley Limited an Apleona company. ©2017 GVA
GVA hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent GVA is in this brochure is provided on the following conditions: (1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do not constitute an offer or contract, or part of an offer or contract. (2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.
August 2017 (3) No person in the employment of GVA, or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure. (4) All prices quoted are exclusive of VAT. (5) GVA shall have no liability whatsoever in relation to any documents contained within the brochure or any elements of the brochure which were prepared solely by third parties, and not by GVA.