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1/3

Farmfoods Ltd, 320 Woodchurch Road, Birkenhead

Guide price

£490,000

Size

4,878

Tenure

Freehold

EPC

Parking

Ask agent

Primary use
Other

No floor / site plan

Key features

  • Freehold Supermarket Investment
  • Retail Unit and Large Rear Car Park
  • Let to Farmfoods
  • 10 Year Lease Expiring 26.10.2029
  • Tenant In Occupation for 30+ Years
  • 4,878 sq ft (453.2 sq m)
  • VAT-Free Investment
  • Investment Let at £46,500 p.a. (9.5% GIY on Guide Price)

Description

The property comprises a high yielding supermarket investment let to Farmfoods and occupying a prominent pitch.

Arranged as a ground floor retail unit with a large rear car park of approx. 23 spaces, the property is fully let to Farmfoods Limited, a long-standing tenant of 30+ years on a 10 year lease expiring 26.10.2029 and paying £46,500 per annum.

We consider the property may offer asset management potential via renewal of the lease and improvement of rent, with the current rent being below the rateable value of £52,500.

The property benefits from a prominent frontage to Woodchurch Road, a principal arterial route and the main retail amenity in Prenton. The property is well located for grocery amenity with tenants on the same street including Kwik Fit, Aldi and Sainsburys.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
No
Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Farmfoods Ltd, 320 Woodchurch Road, Birkenhead

Map showing property location

NEAREST STATIONS

National Rail

Green Lane Station

1.36 miles

National Rail

Birkenhead Central Station

1.41 miles

National Rail

Rock Ferry Station

1.42 miles

About Savills National , Savills Auctions- Commercial

Savills National , Savills Auctions- Commercial

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Disclaimer - Property reference F1A67133-A098-480B-A525-47311AF0E68A. 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 Savills National , Savills Auctions- Commercial. 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.