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2-6 Brasenose Rd 7,984 SF 100% Leased Industrial Building Bootle L20 8HG $428,181 ($53.63/SF) 10.62% Cap Rate
Investment Highlights
- On site parking
- Income producing
- Roller shutters
- Good location
- 20% roof lights.
Executive Summary
The property is held part freehold and part leasehold, and is available for £425,000 reflection an NIY of 7.87%. The property is let to Lodge Tyre Company Limited where a renewal has been agreed for a further 5 years with effect from 18 May 2024 at a rent at £38,000 per annum (exclusive) with no rent review and on an FR&I basis, subject to a photographic schedule of condition.
Property Facts
| Price | $428,181 | Building Class | C |
| Price Per SF | $53.63 | Lot Size | 0.65 AC |
| Sale Type | Investment | Rentable Building Area | 7,984 SF |
| Cap Rate | 10.62% | No. Stories | 1 |
| Tenure | Freehold/Long Leasehold | Year Built | 1930 |
| Property Type | Industrial | Parking Ratio | 0.75/1,000 SF |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 3 |
| Price | $428,181 |
| Price Per SF | $53.63 |
| Sale Type | Investment |
| Cap Rate | 10.62% |
| Tenure | Freehold/Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.65 AC |
| Rentable Building Area | 7,984 SF |
| No. Stories | 1 |
| Year Built | 1930 |
| Parking Ratio | 0.75/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- Fenced Lot
- Front Loading
- Security System
- Signage
- Wheelchair Accessible
- Yard
- Reception
- Automatic Blinds
- Air Conditioning
- Smoke Detector
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2-6 Brasenose Rd
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