JD Wetherspoon Plc, 48 Wallasey Road, Wallasey
Size
13,766
Tenure
Freehold
EPC
Parking
Ask agent
- Primary use
- Other leisure
No floor / site plan
Key features
- Rarely Available Long-Let Leisure Opportunity
- Public House Investment
- Fully Let to JD Wetherspoon Plc
- Recently renewed 30 year Lease Expiring 2055
- No Tenant Break Options
- Five Yearly Fixed Rental Uplifts of 7.5%
- Rent Increasing to £107,671 in 2050
- Tenant in occupation since 2004
- Approx 13,766 sq ft (1,278.90 sq m)
- Let at £75,000 pa (10% GIY on guide) - uplifts to 11.5% in 2035 & 14.4% in 2050
Description
Arranged as a public house across ground and first floors, the property is fully let to JD Wetherspoon Plc (a long standing tenant of 20+ years) on a recently renewed 30 year lease with no breaks expiring August 2055 and paying £75,000 per annum.
The lease includes five yearly fixed uplifts of 7.5% - Please see the tenancy information for full breakdown.
The property occupies a prominent pitch fronting the popular and high footfall Wallasey Road, with the subject property being the anchor unit for the parade. Nearby occupiers include Papa Johns, McDonald's, KFC, Iceland and Tesco as well as wade range of local and independent retailers.
- Service charge
- Ask agent
- Business rates
- Ask agent
- Use class
- Ask agent
- Listed building
- Ask agent
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
Unclassified
- Environmental description
- Ask agent
JD Wetherspoon Plc, 48 Wallasey Road, Wallasey
About Savills National , Savills Auctions- Commercial
Your search history
You have no recent searches
Disclaimer - Property reference A055720D-F045-46FA-A7A0-9E52C5175A69. 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.