Portrait particulars 17 10 2017 v3
For sale Freehold Income producing investment with residential development potential (STP) On behalf of Joint LPA Receivers Octel Sports & Social Club (businesses not affected) 26-28 Bridle Road Bromborough Wirral CH62 6AR
08449 02 03 04 gva.co.uk/12451
Octel Sports & Social Club, 28-28 Bridle Road, Bromborough, Wirral, CH62 6AR
Highlights ─
Income producing investment with residential development potential (Subject to Planning)
─
Total site area of 3.83 ha (9.5 acres)
─
Fully let producing a gross income of £65,000 pa.
─
Gross internal area of 1,758.3 sq m (18,926 sq ft) *
─
Strategic residential development opportunity (subject to planning)
─
Tenant businesses unaffected
─
Unconditional offers in excess of £1m are invited for the freehold interest
Location The property is located on Bridle Road, Bromborough, 8 miles south of Liverpool and 13 miles north west of Chester. The property is situated within a predominantly residential location, a short distance from the A41. The location of the property is very well provisioned both in terms of public transport and associated local amenities.
Description The property comprises a sports and social club with function venue and associated bar, various sports facilities and a detached residential property. The main building comprises a bar/dining area, function hall, cellar, toilet facilities and various office/storage rooms to the first and second floors. The sports facilities include two full sized football pitches, four tennis courts, a previously utilised bowling green, children’s play area and two indoor squash courts. The property benefits from a large onsite car park. A two bedroom residential dwelling is also situated to the front of the site with adjoining ancillary storage accommodation. The rectangular site is generally level and is bounded by residential accommodation on its north, east and western boundaries. Raeburn Primary School abuts the southern boundary.
Areas We have measured the property on a Gross Internal Area (GIA) basis and calculate the areas as follows:
Sq M
Sq ft
1,289.1
13,876
Squash courts
245.7
2,644
Residential Dwelling
70.3 *
757 *
Storage adjoining residential dwelling
153.2
1,649
1,758.3
18,926
Main Building (including bar & function room)
Total
*measured on a Net Internal Area basis and not verified by GVA. The total site extends to approximately 3.83 ha (9.5 acres).
Tenancies We understand the property is occupied by three tenants and we are advised the property generates a total gross income of £65,000 per annum. We have been provided with three tenancy agreements detailing the following terms: Rent
Commencement date
Expiry date
Knockaloe Hall Limited
26/02/2014
25/02/2020
£24,000
Old Forge Consultancy Limited
17/08/2015
16/08/2020
£36,000
Inavision Building & Maintenance Services Limited
30/04/2015
29/04/2020
£5,000
Tenant
(p.a.)
The leases provided allow for the Landlord to terminate subject to providing not less than 3 months’ notice should the Landlord wish to ‘demolish or reconstruct the property’. Copies of leases provided are available upon request.
Octel Sports & Social Club, 28-28 Bridle Road, Bromborough, Wirral, CH62 6AR
Tenure The property is owned freehold under title numbers MS516586 and MS3869. There is an overage agreement registered on title which expires in July 2036. A copy of this overage agreement is available upon request.
Planning The property is situated within a residential area and is covered by planning proposal RE6 (sports grounds for protection from development proposals). Wirral Council are currently undertaking a review of their sports ground/playing pitch allocations and the outcome of this review will feed into the Strategic Housing Land Availability Assessment (SHLAA) update for April 2018. The outcome of this review is expected imminently.
VAT The purchase price is exclusive of VAT.
Asking Price Unconditional offers in excess of £1,000,000 (One Million Pounds) are invited for the freehold interest and subject to the 3 existing tenancies.
EPC EPC ratings range from B to D and copies are available on request.
Sales Pack Further information including leases, legal title and overage agreement is available upon request.
For further information please contact: Chris Davies 0121 609 8507 [email protected] Chris Walker 0161 956 4181 [email protected] Property ref gva.co.uk/12451
Our offices: Birmingham Bristol Cardiff Dublin Edinburgh Glasgow Leeds Liverpool London Manchester Newcastle
GVA 3 Brindleyplace, Birmingham B1 2JB 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.
15 November 2017
File number: 01B716787
(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.
08449 02 03 04 gva.co.uk/12451
Octel Sports & Social Club, 28-28 Bridle Road, Bromborough, Wirral, CH62 6AR
Highlights ─
Income producing investment with residential development potential (Subject to Planning)
─
Total site area of 3.83 ha (9.5 acres)
─
Fully let producing a gross income of £65,000 pa.
─
Gross internal area of 1,758.3 sq m (18,926 sq ft) *
─
Strategic residential development opportunity (subject to planning)
─
Tenant businesses unaffected
─
Unconditional offers in excess of £1m are invited for the freehold interest
Location The property is located on Bridle Road, Bromborough, 8 miles south of Liverpool and 13 miles north west of Chester. The property is situated within a predominantly residential location, a short distance from the A41. The location of the property is very well provisioned both in terms of public transport and associated local amenities.
Description The property comprises a sports and social club with function venue and associated bar, various sports facilities and a detached residential property. The main building comprises a bar/dining area, function hall, cellar, toilet facilities and various office/storage rooms to the first and second floors. The sports facilities include two full sized football pitches, four tennis courts, a previously utilised bowling green, children’s play area and two indoor squash courts. The property benefits from a large onsite car park. A two bedroom residential dwelling is also situated to the front of the site with adjoining ancillary storage accommodation. The rectangular site is generally level and is bounded by residential accommodation on its north, east and western boundaries. Raeburn Primary School abuts the southern boundary.
Areas We have measured the property on a Gross Internal Area (GIA) basis and calculate the areas as follows:
Sq M
Sq ft
1,289.1
13,876
Squash courts
245.7
2,644
Residential Dwelling
70.3 *
757 *
Storage adjoining residential dwelling
153.2
1,649
1,758.3
18,926
Main Building (including bar & function room)
Total
*measured on a Net Internal Area basis and not verified by GVA. The total site extends to approximately 3.83 ha (9.5 acres).
Tenancies We understand the property is occupied by three tenants and we are advised the property generates a total gross income of £65,000 per annum. We have been provided with three tenancy agreements detailing the following terms: Rent
Commencement date
Expiry date
Knockaloe Hall Limited
26/02/2014
25/02/2020
£24,000
Old Forge Consultancy Limited
17/08/2015
16/08/2020
£36,000
Inavision Building & Maintenance Services Limited
30/04/2015
29/04/2020
£5,000
Tenant
(p.a.)
The leases provided allow for the Landlord to terminate subject to providing not less than 3 months’ notice should the Landlord wish to ‘demolish or reconstruct the property’. Copies of leases provided are available upon request.
Octel Sports & Social Club, 28-28 Bridle Road, Bromborough, Wirral, CH62 6AR
Tenure The property is owned freehold under title numbers MS516586 and MS3869. There is an overage agreement registered on title which expires in July 2036. A copy of this overage agreement is available upon request.
Planning The property is situated within a residential area and is covered by planning proposal RE6 (sports grounds for protection from development proposals). Wirral Council are currently undertaking a review of their sports ground/playing pitch allocations and the outcome of this review will feed into the Strategic Housing Land Availability Assessment (SHLAA) update for April 2018. The outcome of this review is expected imminently.
VAT The purchase price is exclusive of VAT.
Asking Price Unconditional offers in excess of £1,000,000 (One Million Pounds) are invited for the freehold interest and subject to the 3 existing tenancies.
EPC EPC ratings range from B to D and copies are available on request.
Sales Pack Further information including leases, legal title and overage agreement is available upon request.
For further information please contact: Chris Davies 0121 609 8507 [email protected] Chris Walker 0161 956 4181 [email protected] Property ref gva.co.uk/12451
Our offices: Birmingham Bristol Cardiff Dublin Edinburgh Glasgow Leeds Liverpool London Manchester Newcastle
GVA 3 Brindleyplace, Birmingham B1 2JB 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.
15 November 2017
File number: 01B716787
(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.
