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Light Industrial for sale

5 & 15-17 Aintree Road, Bootle, Merseyside, L20

£350,000
13,024 sq. ft.

Property Description

Commercial information

  • 13,024 sq ft (1,209 sq m)

Key features

  • Busy Main Road Frontage
  • Currently Income Producing
  • Asset Management Prospect
  • Value Add Potential
  • Development Opportunity

Full description

We are pleased to offer for sale a most interesting 'Value Add' roadside income producing opportunity.

The entire site extends to 0.6 Acres and comprises a range of industrial buildings, together with forecourt frontage that is used as a hand car wash facility.

The site boundaries are in accordance with the attached Title plans, although the restaurant does not form part of the sale as this is held under separate ownership. This section is shown coloured green on the attached Title plans.

We are advised that the entire site is let to two separate tenants that provide car wash, vehicle and bodywork repair and tyre fitting services.

The total current income available to the new owners will be £19,200 per annum and we understand that these Leases are 'holding over'. We further understand that the rear sections of buildings beyond the car wash are sublet and any rental income from these is paid direct to the tenants rather than the property owner/landlord.

Location
Bootle forms part of the Liverpool conurbation, being located 3 miles to the north of the City Centre and some 5 miles west of the M57 Motorway (Junction 4) via the A580 East Lancashire Road.

The property is situated fronting the A5098 Aintree Road within a busy commercial and residential area.

Services
Mains electricity, water and drainage are connected.

Accommodation
Total Site Area: 0.25 HA (0.6 Acre)
Total Approx. Gross Internal Area: 1,210 m (13,024 ft)

Tenancy Details
The car wash and buildings are let to a private individual held under Title MS112182 on an expired Lease at a rent of £12,000 per annum.

The tyre depot and buildings are let to a private individual held under Title MS280469 on an expired Lease at a rent of £7,200 per annum.

VAT
We understand that VAT is not currently applicable to the rents received or the sale price, although this will be confirmed in the legal pack.

Sale Price
£350,000.

Tenure
The property is held under two separate Freehold Titles.









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