OFFICE INVESTMENT OPPORTUNITY

Report 3 Downloads 120 Views
FOR SALE

OFFICE INVESTMENT OPPORTUNITY On the instructions of the Joint LPA Receivers

COLONIAL CHAMBERS, 3-11 TEMPLE STREET, LIVERPOOL, L2 5RH £1,500,000 \ Substantial office investment opportunity. \ Part let and producing a gross annual income of £59,793. \ Located within Liverpool City Centre.

AVAILABLE SPACE 3,501.95m² (37,695sq ft)

LOCATION

RATEABLE VALUE

The property is located in Temple Street in Liverpool City Centre. Liverpool is situated approximately 34 miles west of Manchester.

Description / Offices and Premises

Junction 4 of the M62 motorway is circa 5 miles to the east and accessed via Edge Lane (A5047) one of the main arterial routes into Liverpool City Centre. Moorfields and Liverpool Lime Street Railway Stations are both within walking distance.

Rateable value / £349,450

VAT Prices and rental are exclusive of VAT if chargeable.

TERMS DESCRIPTION The property comprises a 6 storey former warehouse, converted to provide offices. The building is constructed with brick elevations beneath a slate tiled roof. Windows are metal framed and double glazed. Internally the property provides office accommodation to the ground and upper floors, accessed via a communal lobby and stairwell to the front of the building. The lower ground floor and basement provide storage accommodation. The approximate Net Internal Areas are as follows:UNIT Basement Lower Ground floor Ground floor First floor Second floor Third floor Fourth floor Fifth floor Total

2

M 408.58 285.67 419.92 561.04 469.99 480.86 466.93 408.96 3,501.95

LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction.

VIEWING By prior arrangement with the agents:

SQ FT 4,398 3,075 4,520 6,039 5,059 5,176 5,026 4,402 37,695

The property is currently part let and producing a gross income of £59,793 per annum. A tenancy schedule is available on request.

0161 831 1690

Offers are invited in the region of £1,500,000 for the freehold interest.

Eddisons File Ref / 720.3512A Tel / 0161 831 1690 Email / [email protected] Email / [email protected] SEPTEMBER 2014 SUBJECT TO CONTRACT