29 Devon Street, Liverpool, Merseyside, L3 8HA
- SIZE
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- SECTOR
Commercial property for sale
Key features
- City Centre Location
- Area of regeneration within the Fabric District".
- Warehouse premises currently used as cash and carry wholesalers.
- Approximately 454.65 sq m (4,894 sq ft).
- Long Leasehold.
- Potential for alternative use subject to planning and lease regear/extension agreed with freeholder (Liverpool City Council)
- Currently tenanted and intentions to sell with vacant possession anticipated first quarter 2025.
Description
Description
The property comprises a 2 storey workshop/storage/office unit that extends to approximately 454.65 sq m (4,894 sq ft). The property is currently in use as a wholesale cash and carry, with the accommodation arranged as warehouse, with offices and storage to the ground floor and at first floor is a canteen additional storage and ancillary space. There's also a timber mezzanine level (note not included in floor areas stated).
The premises have a powrmatic gas blower and fluorescent strip lighting. Eaves height ranges from a minimum of 4.3m to a maximum of 6.5m.
Location
The property is located in an area known as the Fabric District, on the western edge of Liverpool City Centre. The area is known as the Fabric District due to its historic associations with fashion and textiles and is located between Islington and London Road. The Fabric District is a key area for regeneration in Liverpool, with a long term plan to create new homes and working spaces, alongside leisure and recreational uses. The Fabric District borders Lime Street and the Knowledge Quarter, which is home to the City's Universities and the £1bn Paddington Village Scheme.
Surrounding the property are a number of residential and student developments as well as a range of commercial uses.
Accommodation
Gross internal Area: 454.65 sq m (4,894 sq ft):
Warehouse 298.83 sq m (3,217 sq ft)
GF Offices and storage 80.47 sq m (866 sq ft)
FF Canteen, storage & ancillary 75.35 sq m (811 sq ft)
Tenure
The property is held long leasehold for a term of 99 years from 12 September 1974 at a current ground rent of £1,000 payable every six months. The lease provides for rent reviews in 2024 (outstanding) and 2049. The basis is that the revised rent shall be a proportion of the annual rack rent and we understand that this was previously agreed at a ratio of 1:8.5. A copy of the lease is available on request.
EPC
Energy Assest Rating to be confirmed.
Brochures
29 Devon Street, Liverpool, Merseyside, L3 8HA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Liverpool Lime Street Station0.4 miles
- Liverpool Central Station0.6 miles
- Moorfields Station0.8 miles
Notes
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