HUNTS CROSS RETAIL PARK | Speke, Liverpool L24 9GB
Open A1 Retail Park Investment HUNTS CROSS RETAIL PARK | Speke, Liverpool L24 9GB ENTER Open A1 Retail Park Investment HUNTS CROSS RETAIL PARK | Speke, Liverpool L24 9GB Investment Considerations > Liverpool is one of the largest > The scheme has an open A1 non- cities in the UK and is a major food planning consent. retail destination. > The total rent is £701,144 per > The subject property is situated annum equating to low rents in a highly accessible location, off averaging £10 per sq ft. the A562, the main arterial route connectingSpeketothecitycentre. > We are instructed to seek offers for the long leasehold interest in > The scheme sits adjacent to the above property based on an Hunts Cross Shopping Centre, attractive net initial yield of 8% anchored by a dominant ASDA. (assuming purchaser’s costs of 5.80%). This equates to a > The scheme totals 70,973 sq ft purchase price of £8,284,000 with demised car parking for 222 (Eight Million,Two Hundred and vehicles. Eighty FourThousand Pounds), > The property is held on a subject to contract and exclusive headlease with 946 years of VAT. unexpired at a peppercorn. > The property benefits from a long average income weighted unexpired lease term of 9.6 years, let to Matalan, Poundstretcher, Xercise4Less and Next. Investment Location Catchment Population Situation & Description Tenancies, Tenure and Asset Management & VAT, Proposal & Considerations & Retail Warehousing Title & Planning Tenants’ Covenants Contacts < > in Liverpool B Oldham M58 M61 M6 Open A1 Retail Park Investment MANCHESTER HUNTS CROSS RETAIL PARK | Speke, Liverpool L24 9GB A580 A580 St. Helens M60 M57 M62 Bootle M60 Sale M62 A57 LIVERPOOL HUNTS CROSS Warrington Stockport RETAIL PARK A557 Location Widnes M56 M53 Liverpool is the 6th largest city in the UK, a major regional centre and the Speke Runcorn principal retail focus for the metropolitan county of Merseyside.
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