Lot 55
26 Allport Lane Precinct
Bromborough, Wirral, Merseyside, CH62 7HP
£700,000+
Guide Price
A Substantial Commercial Investment Producing £75,000 per annum
Description
The property comprises a single storey purpose built detached building benefiting from A1 (retail use) consent.
Tenure
Freehold
Location
The property occupies a prominent position on Allport Lane Precinct, an established parade which is the primary shopping area servicing the residents of Bromborough. Nearby multiples include Lloyds TSB and Somerfield. Transport links are provided by Bromborough Rake rail station and the M53 motorway (junctions 5 & 6) is easily accessible.
Tenancy
The property is let on a commercial FRI Lease to Poundstretcher Limited (1) commencing on 4th July 2000 at a rent of £18,750 per quarter for a term of 20 years. Rent reviews every 5 years.
(1) For the year ending March 2014 Poundstretcher Limited reported a turnover of £395,360,000 (source: www.duedil.com)
Next Review due in 2015
(1) For the year ending March 2014 Poundstretcher Limited reported a turnover of £395,360,000 (source: www.duedil.com)
Next Review due in 2015
VAT
VAT is applicable
Accommodation (2nd Column)
Ground Floor Sales Area
6,542 sq ft (607.75 sq m)
Total Site Area
8,503 sq ft (790 sq m)
6,542 sq ft (607.75 sq m)
Total Site Area
8,503 sq ft (790 sq m)
Viewing Details
Please refer to us directly on: 0207 625 9007
Bold Black Text
Current Rent Reserved £75,000 per annum
Additional Fees
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
View Details as PDFEnquire NowRegister to Bid
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk
Similar Properties
Enquire about 26 Allport Lane Precinct, Bromborough, Wirral, Merseyside, CH62 7HP
Sign-up for our newsletter
Get the latest lot details along with new blog posts, straight to your inbox