Skip to content

Produce Exchange Buildings, Liverpool, Merseyside, L1 6BD

£350,000

Business rates & charges may apply

Fifield Glyn Limited, Cheshire
SIZE

Ask agent

SECTOR

Commercial property for sale

Key features

  • 55 Long Leasehold Ground Rents
  • Prime City Centre Location
  • Ground Rents held on a 500 year Lease

Description

Situation

The Ground Rents are secured on Produce Exchange Buildings which is located in a prime city centre close to all the amenities as shown on the attached location plan.

The building comprises 54 Apartments ( 1 & 2 bedroom and Studio) plus one commercial unit on the Ground Floor. it was fully refurbished in 2018.

Description

Located in a prime city centre close to all the amenities.

Flexible Heading 2

The Seller manages the building themselves and wishes to carry on doing so for the foreseeable future but the Purchaser would have the right to terminate if the service is unsatisfactory.

Current income is £22,400 p.a

The Ground rents should increase as follows: -

44 Apartments due March 2026
10 Apartments due June 2028
1 Commercial Unit due October 2024

Tenure Comments

The Ground Rents are held on a 500 year Lease from and including 31st March 206 expiring 30th March 2516 (492 years unexpired) at a peppercorn.

55 Units held on Leases from 31st March 2016 to 6th March 2515 (494 years unexpired) each uncapped reviewable every 5 years by RPI.

Brochures

Produce Exchange Buildings, Liverpool, Merseyside, L1 6BD

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Moorfields Station0.2 miles
  • James Street Station0.2 miles
  • Liverpool Central Station0.4 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 52FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fifield Glyn Limited, Cheshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.