Property Information
Address:
12 Vauxhall Road, Liverpool, Merseyside
, L3
, Merseyside
, United Kingdom
Price: Property no longer available.
Size: 759 sq ft70 sqm
Primary Category: Healthcare
All Categories:
Investment, Shop, Healthcare,
Property Ref/Movehut: MH295743
Property Ref/Agent: 12 Vauxhall Road, Liverpool, Merseyside, L3
*Please use the agent ref when calling the agent directly.
Property description
Address Liverpool
Rent or Buy Buy
Type Investment
Location Liverpool City Centre
Tenure Leasehold
Size 759 sq ft
Buying Price £400,000 Offers In Excess of
Floor Ground
Yield 8.1%
Rent Per Annum £32,578
Investment Opportunity for the Leasehold of Units 4 with a Strong Covenant with 8.1% Return!
Description
This modern retail investment is in a prime city centre location and benefits by being let to Boots UK until 2014. The property comprises a ground floor pharmacy fronting Vauxhall Road and forms part of a larger purpose built student accommodation building.
Location
The property is situated on the junction of Vauxhall Road and Tithebarn Street in Liverpool city centre. The property benefits from its prominent position opposite the campus of John Moore's University and nearby extensive residential developments. Moorfields Metro Station is close by and public parking is available at Naylor Street.
TENURE
999 years
Lessee Information and Covenant Strength
(2)For the year ending 31/03/2011 Boots UK Ltd reported a turnover of £6,372,000,000, a pre-tax profit of £220,000,000 and a total net worth of £217,000,000. (Source: www.riskdisk.com 27/02/2012)
(3)The lease provides for a fixed rental uplift in 2014 to £32,578 p.a.x.
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