£425,000
(£64.45/sq. ft)
Property for sale2 - 6 Brasenose Road, Bootle, Liverpool, Merseyside L20
6,594 sq. ft
Freehold
About this property
New lease recently agreed - 5 year from 17 May 2024
Gross Annual Rent £38,000; Ground Rent £3,100; Net Rent £34,900
Let to secure covenant of Lodge Tyre Company Ltd (part of Halfords)
Net initial yield of 7.87%
The subject property is located fronting Brasenose Road an established industrial location in Bootle, Liverpool.
Brasenose Road leads to Bank Hall Street which in turn leads to Derby Road (A565). Derby Road is the main arterial road leading south to Liverpool City Centre approx. 2.5 miles away, and north to Crosby.
The predominate land use surrounding the property is a mixture of post war industrial and factory units.
The subject property comprises of a workshop, higher bay workshop and ancillary office accommodation. The workshop is of steel portal frame construction with brick walls with predominately asbestos clad roof and benefitting from approximately 20% roof lights. It is lit via fluorescent strip lighting and is unheated and benefits from 3 roller shutter doors. It is built to an eaves height of approximately 3.6 metres rising to an apex of approximately 4.7 metres.
A rear extension is single pitch steel frame with profile metal clad roof, block walls, concrete floor and fluorescent strip lighting and is unheated. It is built to an eaves height of between 3.24 and 3.64 metres high.
A high bay extension is again of steel frame construction and is built to an eaves height of 5.5 metres.
The ancillary accommodation offers front and rear office and toilet accommodation. They are finished with painted plaster walls and ceiling, solid carpet floor and lit by fluorescent strip lights and heated via electric wall mounted radiators.
There is a yard to the rear with the front yard being open to the highway with no fencing.
Brasenose Road leads to Bank Hall Street which in turn leads to Derby Road (A565). Derby Road is the main arterial road leading south to Liverpool City Centre approx. 2.5 miles away, and north to Crosby.
The predominate land use surrounding the property is a mixture of post war industrial and factory units.
The subject property comprises of a workshop, higher bay workshop and ancillary office accommodation. The workshop is of steel portal frame construction with brick walls with predominately asbestos clad roof and benefitting from approximately 20% roof lights. It is lit via fluorescent strip lighting and is unheated and benefits from 3 roller shutter doors. It is built to an eaves height of approximately 3.6 metres rising to an apex of approximately 4.7 metres.
A rear extension is single pitch steel frame with profile metal clad roof, block walls, concrete floor and fluorescent strip lighting and is unheated. It is built to an eaves height of between 3.24 and 3.64 metres high.
A high bay extension is again of steel frame construction and is built to an eaves height of 5.5 metres.
The ancillary accommodation offers front and rear office and toilet accommodation. They are finished with painted plaster walls and ceiling, solid carpet floor and lit by fluorescent strip lights and heated via electric wall mounted radiators.
There is a yard to the rear with the front yard being open to the highway with no fencing.
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