Commercial property for sale in Derby Road, Huyton, Liverpool L36
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Property features
- To be offered on Tuesday 16 April
- High Yielding Retail Investment
- Fully Let to Bank of Scotland (t/a Halifax)
- Lease Expires 24/12/2026 (2.5 years unexpired)
- £27,000 per annum (rebased from £48,750)
- Tenant in Occupation for 20+ Years
- 3,227 sq ft (299.79 sq m)
- Established Pedestrianised Street
- Guide Price Reflects 15% Gross Yield
Property description
Strapline
Auction Sale - 15/04/2024
High Yielding Retail Investment Situated on Prim, Pedestrianised, Pitch.
Fully let to Bank of Scotland (t/a Halifax) producing £27,000 per annum.
Description
The property comprises a high yielding retail investment situated in the pedestrianised heart of a popular commuter suburb.
Arranged across ground and first floors, the property is fully let to Bank of Scotland (t/a Halifax) on a lease expiring 24/12/2026 and paying a rent of £27,000 per annum. The tenant has been in occupation for over 20 years and the rent has recently been re-based from £48,750 per annum.
Situated with a frontage to the pedestrianised Derby Road, the property is in the centre of the retail amenity for Huyton Village; a popular commuter suburb on the outskirts of Liverpool. Nearby occupiers include Superdrug, Greggs, and Iceland Supermarkets.
Tenancy
The property is fully let to Bank of Scotland (t/a Halifax) on a lease expiring 24/12/2026 and paying a rent of £27,000 per annum. The lease is on full repairing and insuring terms and includes a break option on 24/12/2024.
The tenant has been in occupation for over 20 years and the rent has recently been re-based from £48,750 per annum.
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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