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31a, 31b And 31c Stephenson Way, Liverpool, Formby, L37

Guide Price
£375,000

£104.78 per sq ft

Business rates & charges may apply

Fitton Estates, Merseyside/Lancashire
SIZE AVAILABLE

3,579 sq ft

332 sq m

SECTOR

Commercial property for sale

Key features

  • Fully let retail warehouse investment.
  • Existing tenants unaffected by the sale.
  • Rare opportunity to purchase on the established Formby Industrial Estate.
  • Current total rental approximately £25,200 per annum exclusive of all other outgoings.
  • Existing tenants holding over.
  • Reversionary rentals.
  • Portal framed warehouse construction with parking to the front and rear yard area.
  • No VAT on rental or purchase price.
  • Sale due to retirement.

Description

The subject property is a detached portal frame warehouse structure which has been subdivided into three units.

The left hand tenant trades as a fireplace retailer and occupies the front area, 31a, in addition to the rear store area, 31c. This tenant is currently holding over from their existing lease which is subject to a rental of £17,400 per annum (£16,800 by agreement with the current landlord) for both units plus contribution towards buildings insurance, the tenant being responsible for utilities and business rates, if applicable.

The right hand side is occupied by a Saddlery / equestrian supplies business and comprises of an open plan retail area with glazed shop frontage and container for perishable storage to the side. The tenant is also holding over and currently pays a rental of £7,800 per annum exclusive of all other outgoings plus contribution towards buildings insurance, the tenant being responsible for the payment of utilities and business rates, again if applicable.

Brochures

31a, 31b And 31c Stephenson Way, Liverpool, Formby, L37

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Formby Station1.2 miles
  • Freshfield Station1.5 miles
  • Hightown Station2.2 miles

About Fitton Estates, Merseyside/Lancashire

47 Hoghton Street, Southport, PR9 0PG

Notes

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Disclaimer - Property reference 2532FH. 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 Fitton Estates, Merseyside/Lancashire. 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.

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