Offers in region of
£1,900,000
(£50.25/sq. ft)
Industrial for saleCqr Security Limited, 125 Pasture Road, Moreton CH46
37,812 sq. ft
Just added
About this property
Fully let industrial investment opportunity (business unaffected)
Leased to cqr Security Limited until 2038
Current annual rental of £207,000 per annum
Self-contained facility totalling approximately 37,812 sq ft
Site area of 1.57 acres
Offers are sought in the region of £1,900,000 subject to contract, exc of VAT
Investment summary
• Located within the established Tarran Industrial Estate
• Self-contained industrial / warehouse and office facility totalling approximately 37,812 sq ft (3,512.8 sq m)
• Site area of approximately 1.57 acres (0.64 hectares)
• The property is leased to cqr Security Limited who have been in occupation since 2008
• cqr Security have a lease expiry of 2038
• Tenant only break dates of 2nd May 2028 and 2nd May 2033
• Current annual rental of £207,000 per annum equates to passing rent of £5.47 per sq ft.
• Offers are sought in the region of £1,900,000 (One Million, Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT.
• A purchase at this level reflects a Net Initial Yield of 10.25% after costs, which equates to £52 per sq ft.
Location
• Situated within the established Tarran Industrial Estate, one of Wirral’s premier industrial and trade locations, providing an excellent business environment alongside a range of nationally recognised occupiers
• Occupying a prominent position on Pasture Road, the property benefits from excellent accessibility and strong connectivity across the wider Liverpool City Region
• The M53 Motorway is within easy reach, offering direct access to Liverpool, Chester, North Wales and the national motorway network via the M56
• Bidston Railway Station is located nearby, providing regular services to Liverpool, Birkenhead and Chester, supporting convenient staff and visitor travel
• Located approximately 4 miles north-west of Birkenhead, the property is well positioned to serve customers and businesses throughout Wirral, Merseyside, Cheshire and North Wales
• Surrounded by a strong mix of trade, industrial and commercial occupiers, including Howdens, Screwfix and Firwood Building Supplies
Accommodation
Ground Floor Warehouse: 28,697 sq ft (2,666.0 sq m)
Ground Floor Office: 7,690 sq ft (714.4 sq m)
First Floor Office: 1,425 sq sq ft (132.4 sq m)
Total: 37,812 sq ft (3,512.8 sq m)
Tenant Mezzanine (excluded): 811 sq ft (75.3 sq m)
On a site area of 1.57 acres (0.64 ha)
Terms
The site is held long leasehold via title number MS300240 for a term of 999 years from 25th December 1989 at a current ground rent of £10 per annum.
Offers are sought in the region of £1,900,000 (One Million, Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT.
A purchase at this level reflects a Net Initial Yield of 10.25% after costs which equates to £52 per sq ft.
Specification
• Single storey industrial unit
• Steel portal frame to the warehouse
• Concrete framed construction with masonry cavity wall to the offices
• Main warehouse roof comprises multi-span dual pitched asbestos roof incorporating grp rooflights
• 5 x galvanised metal lath roller shutter doors
• 1 x steel section concertina style loading door
• 5.33m to underside of the haunch
• Tenant installed mezzanine
• Offices / ancillary accommodation provides reception, open plan office accommodation, workshop and canteen to the ground floor
• The upper floor provides office accommodation with meeting rooms and a kitchenette
• Separate male and female WCs to each floor
• Externally, car parking is provided to the north and south of the site
• The site is secured via galvanised metal palisade fencing
• The building is provided with a 3-phase electrical supply, gas, water, telecommunications, and foul and surface water drainage
• Located within the established Tarran Industrial Estate
• Self-contained industrial / warehouse and office facility totalling approximately 37,812 sq ft (3,512.8 sq m)
• Site area of approximately 1.57 acres (0.64 hectares)
• The property is leased to cqr Security Limited who have been in occupation since 2008
• cqr Security have a lease expiry of 2038
• Tenant only break dates of 2nd May 2028 and 2nd May 2033
• Current annual rental of £207,000 per annum equates to passing rent of £5.47 per sq ft.
• Offers are sought in the region of £1,900,000 (One Million, Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT.
• A purchase at this level reflects a Net Initial Yield of 10.25% after costs, which equates to £52 per sq ft.
Location
• Situated within the established Tarran Industrial Estate, one of Wirral’s premier industrial and trade locations, providing an excellent business environment alongside a range of nationally recognised occupiers
• Occupying a prominent position on Pasture Road, the property benefits from excellent accessibility and strong connectivity across the wider Liverpool City Region
• The M53 Motorway is within easy reach, offering direct access to Liverpool, Chester, North Wales and the national motorway network via the M56
• Bidston Railway Station is located nearby, providing regular services to Liverpool, Birkenhead and Chester, supporting convenient staff and visitor travel
• Located approximately 4 miles north-west of Birkenhead, the property is well positioned to serve customers and businesses throughout Wirral, Merseyside, Cheshire and North Wales
• Surrounded by a strong mix of trade, industrial and commercial occupiers, including Howdens, Screwfix and Firwood Building Supplies
Accommodation
Ground Floor Warehouse: 28,697 sq ft (2,666.0 sq m)
Ground Floor Office: 7,690 sq ft (714.4 sq m)
First Floor Office: 1,425 sq sq ft (132.4 sq m)
Total: 37,812 sq ft (3,512.8 sq m)
Tenant Mezzanine (excluded): 811 sq ft (75.3 sq m)
On a site area of 1.57 acres (0.64 ha)
Terms
The site is held long leasehold via title number MS300240 for a term of 999 years from 25th December 1989 at a current ground rent of £10 per annum.
Offers are sought in the region of £1,900,000 (One Million, Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT.
A purchase at this level reflects a Net Initial Yield of 10.25% after costs which equates to £52 per sq ft.
Specification
• Single storey industrial unit
• Steel portal frame to the warehouse
• Concrete framed construction with masonry cavity wall to the offices
• Main warehouse roof comprises multi-span dual pitched asbestos roof incorporating grp rooflights
• 5 x galvanised metal lath roller shutter doors
• 1 x steel section concertina style loading door
• 5.33m to underside of the haunch
• Tenant installed mezzanine
• Offices / ancillary accommodation provides reception, open plan office accommodation, workshop and canteen to the ground floor
• The upper floor provides office accommodation with meeting rooms and a kitchenette
• Separate male and female WCs to each floor
• Externally, car parking is provided to the north and south of the site
• The site is secured via galvanised metal palisade fencing
• The building is provided with a 3-phase electrical supply, gas, water, telecommunications, and foul and surface water drainage
Mortgage calculator
Monthly repayment
£9,504 per month
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