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Wren Kitchens, Ormskirk Road, Liverpool - Picture 2024-06-18-15-20-02
Wren Kitchens, Ormskirk Road, Liverpool - Picture 2024-06-18-15-19-15
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Wren Kitchens, Ormskirk Road Aintree, Liverpool, L9 5AL

Use Class

Use Class

E

Size

Size

17,187 sq ft

Rent pa

Rent pa

£365,000

Market Sector

Market Sector

Retail & Shopping Park

Description

Prime retail investment opportunity

Prime retail warehouse investment located in Aintree, Liverpool; the 5th largest city in the UK with a population of some 2.24 million.

Situated in an extremely prominent position on the A59 Ormskirk Road, opposite Aintree Racecourse Retail Park (153,500 sq ft) and Aintree Shopping Park (295,054 sq ft).

The property is a very attractive double-height building of 17,187 sq ft, with a mezzanine of 16,085 sq ft. The car parking ratio is 1:291 sq ft

Location

Liverpool is the 5th largest metropolitan area in the UK with a population of some 2.24 million (2011 Census). Located on the Mersey Estuary, Liverpool’s growth as a major port was paralleled by the expansion of the city throughout the industrial revolution.

Liverpool is famed worldwide for its Premier League football clubs, the Beatles and the Grand National Steeplechase. As a result of its rich heritage, Liverpool is the 6th most visited city in the UK with some 54 million visitors annually, bringing some £3.8 billion in revenue each year.

The subject property is situated in Aintree, in an extremely prominent position on the A59 Ormskirk Road, which is the principal arterial route leading north from the city centre to the junction of the M57 and M58 motorways.

Aintree has the largest cluster of retail warehousing in Liverpool, totalling approximately 547,000 sq ft. Indeed opposite the subject premises are the 153,500 sq ft Aintree Racecourse Retail Park (Next Home, TK Maxx, Currys/PC World, Homesense, JD Sports, The Range, Bensons, Maplin, Laura Ashley) and the 295,054 sq ft Aintree Shopping Park (B&Q Warehouse, Marks & Spencer, Boots, dfs, Furniture Village, Halfords, Harveys, Hobbycraft, Mothercare, ScS, Pets at Home).

As a result of its strategic and highly accessible location, the subject property is the only Wren Kitchens showroom in Liverpool.

Accommodation

17,187 Sq.Ft

Areas
Sq.Ft
Sq.M
Retail Warehouse
17,187
1,596.72

Financial

Lease Term

The property is let in its entirety to Wren Living Ltd, for a term of 10 years from 2 February 2015, on full repairing and insuring terms. The passing rent of £365,000 pa equates to £21.24 psf on the ground floor area and is subject to 5 yearly upwards only rent reviews to open market value (capped at 2.5% pac), with the next review being effective 2 February 2020.

Rent

The passing rent of £365,000 pa equates to £21.24 psf on the ground floor area and is subject to 5 yearly upwards only rent reviews to open market value (capped at 2.5% pac), with the next review being effective 2 February 2020.

Tenure Detail

Freehold

Sustainability

A copy of the Energy Performance Certificate is available upon request.

Disclamier

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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