Oxfam, 46 Wallasey Road, Wallasey
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Tenure
Freehold
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Parking
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- Primary use
- Other
No floor / site plan
Key features
- High Yielding Retail Investment
- Ground Floor Retail Unit and Upper Parts
- Let to Oxfam
- Three Year Lease which Expired 23.01.2021 - Tenant Holding Over
- Long Standing Tenant of 20+ Years
- Asset Management Potential Via Renewal
- Potential to Improve Rent - Nearby Units Paying £17,500 p.a.
- Forms Part of a Popular Parade
- Investment Let at £12,000 p.a. (12% GIY on Guide Price)
Description
Arranged as a ground floor retail unit and associated upper parts, the property is fully let to Oxfam t/a Betfred on a 10 year lease which expired 21.09.2024 and paying £12,000 per annum.We understand the tenant is continuing to occupy the premises and pay rent, therefore the tenant is holding over and we consider the property offers asset management potential via renewal of the lease.
The property occupies a prominent pitch forming part of a popular parade fronting Wallasey Road. The property forms part of the principal retail amenity within Liscard with nearby occupiers including KFC, Boots, McDonalds and Primark.
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
Unclassified
- Environmental description
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Oxfam, 46 Wallasey Road, Wallasey
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