North-West Portfolio, Comprising Buildings, Arches and Land

The sale comprises a Portfolio of eight sites with evident value-add opportunities.

Arranged as eight sites comprising a mix of buildings, rail arches and land, the portfolio is let on a mix of occupancies, with five sites fully let, one site part-let and two vacant, producing a current rent of £44,294 per annum.

Lot A comprises two rail arches at Plevna Street, Bolton - Let on a single lease at £10,561 per annum

Lot B comprises land and three rail arches at Suez Street, Newton-Le-Willows - Vacant

Lot C comprises part of Rainhill Station Building - Let on a lease expiring 2049 at £5 per annum

Lot D comprises six rail arches at Station Road, Kirkham - Two Arches let at a total £18,252 per annum with the remaining arches vacant

Lot E comprises a land parcel at Station Lane, Preston - Vacant

Lot F comprises a large viaduct arch at Preston Ribble - Let to Preston City Council on a lease expiring 2037 at £202 per annum

Lot G comprises a former station building at Liverpool Road, Birkdale - Let to a cafe* on a lease expiring 2032 at £13,500 per annum.

Lot H comprises a former station building at St Helens Junction Station - Let to a cafe on a lease at £12,274 per annum*. Note the property includes ancillary residential accommodation which is occupied by the tenant under the lease.

Please see the accommodation & tenancy schedule and Legal Pack for more information.

We consider the property offers a number of value-add opportunities, in particular via letting of the vacant spaces to create a diverse, high-yielding, investment. Several properties may also benefit from development potential (subject to obtaining the requisite consents).