Hunts Cross Retail Park Speke Hall Road (A562) Speke Liverpool L24 9Gb

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HUNTS CROSS RETAIL PARK SPEKE HALL ROAD (A562) SPEKE LIVERPOOL L24 9GB RETAIL WAREHOUSE AVAILABLE A1 (NON‐FOOD) PLANNING Proposed Refurbishment – For Illustrative Purpose Only LOCATION Hunts Cross Retail Park is located directly off the A562 Speke Hall Road, adjacent to an ASDA supermarket. In turn, the A562 leads to the A561 in to Liverpool City Centre, together with the M57 and M62 Motorways. Hunts Cross is anchored by Matalan, with Next and Poundstretcher also represented. There is also a B&M Bargains and McDonalds drive‐thru close by. New Mersey Shopping Park and Liverpool John Lennon Airport are to the South, via the A562. ACCOMMODATION There are ongoing asset management initiatives providing the opportunity to acquire new retail warehouse units to a range of sizes. Our clients propose to undertake a refurbishment of the scheme to provide contemporary elevations, new prominent signage and improved car parking. The available accommodation can comprise the following gross ground floor areas and are immediately deliverable:‐ From: 216 sq m ( 2,325 sq ft) To: 1,734 sq m (18,660 sq ft) April 2012 TENURE The premises are available to be let on new effectively full repairing and insuring leases for a term of 15 years, subject to five yearly upwards only rent reviews. Rent on application. RATES The premises are yet to be assessed for rating purposes. VIEWING For further information or to arrange an inspection please contact Ian Rusbridge:‐ DDI: 020 7569 9903 M: 07740 308 833 E: idr@SMART‐4.co.uk HUNTS CROSS RETAIL PARK, SPEKE HALL ROAD (A562), SPEKE, LIVERPOOL L24 9GB TO LET 18,660 SQ FT TO LET CAN SPLIT 2,325 SQ HUNTS CROSS RETAIL PARK, SPEKE HALL ROAD (A562), SPEKE, LIVERPOOL L24 9GB HUNTS CROSS ADSA A562 RETAIL PARK PC WORLD B&M HUNTS CROSS TO LIVERPOOL BARGAINS SHOPPING CENTRE CITY CENTRE A561 TO M62 & M57 NEW MERSEY SHOPPING PARK SPEKE RETAIL PARK .

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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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