Land on The South Side of Wilding Avenue
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- SIZE
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- SECTOR
Land for sale
Key features
- Online auction date 14 & 15 May 2025
- Guide Price £75,000+
- Freehold land subject to a lease
- Further rent increase to £7,000 - Jan 2031
- Let to Liverpool Airport Ltd
- Lease from 1 Jan 2021 to 31 Dec 2034
- Passing rent of £5,000 per annum
- Approx. 9 years & 8 months unexpired
- Rent increasing to £6,000 pa - Jan 2026
- Sale on behalf of Liquidator
Description
Online auction date 14 & 15 May 2025
Guide Price £75,000+
Freehold land subject to a lease
Further rent increase to £7,000 - Jan 2031
Let to Liverpool Airport Ltd
Lease from 1 Jan 2021 to 31 Dec 2034
Passing rent of £5,000 per annum
Approx. 9 years & 8 months unexpired
Rent increasing to £6,000 pa - Jan 2026
OVERVIEW
For sale by online auction, a small parcel of land let to Liverpool Airport Ltd from 1 January 2021 until 31 December 2034.
The passing rent is £5,000 per annum, rising to £6,000 pa on 1 January 2026 and £7,000 pa on 1 January 2031.
A previous lease agreement dated 18 April 2005 existed between Wadhurst Investments Ltd and Peel Airports (Liverpool) Limited, which ended upon on commencement the existing lease.
The lease states the land is to be used for erecting instrument landing system marker beacons, electronic communications equipment, computers, and necessary ancillary services.
Sale on behalf of the Liquidator for Wadhurst Investments Ltd.
The passing rent reflects a gross initial yield of approx. 6.65% off the guide price, rising to 8% once the rent has been increased in January 2026.
Site Area
Total area of 0.09 acres (0.03 hectares).
Taken from Edozo Maps.
What3Words Location
Rateable Value
Interested parties to make their own enquiries.
EPC
To be confirmed.
Broadband Checker
Tenure
Freehold subject to lease agreement.
Land Registry title no.CH423726
Legal Pack
Buyer’s Premium
3% (min. £4,500) inc. VAT.
Viewings
Please contact John Pye Property by email at or on .
Land on The South Side of Wilding Avenue
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Runcorn Station0.5 miles
- Runcorn East Station2.7 miles
- Widnes Station2.7 miles
About John Pye Property, Nottingham
James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EANotes
Disclaimer - Property reference PROP1142. 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 John Pye Property, Nottingham. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call John Pye Property, Nottingham on 0115 647 7138.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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