St Annes House University Rd 27,226 SF Office Building Bootle L20 3NF For Sale

INVESTMENT HIGHLIGHTS

  • Prominent town centre location
  • On-site parking for up to 39 cars
  • Great access to transport links

EXECUTIVE SUMMARY

Long leasehold from Sefton Council expiring 3rd March 2067. Ground rent is based on 7.5% of rents received; this is currently a nominal £750pa.
The current 50-year lease held by Sefton Council can be terminated by either party at any time, upon 3 months’ notice by the Tenants, or upon 1 months’ notice by the Landlords.
Discussions have been held with Sefton Council about selling their freehold interest and, in principle, approval has been given to a disposal subject to commercial terms being agreed.

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Condo Conversion
Property Type
Office
Tenure
Freehold/Long Leasehold
Building Size
27,226 SF
Building Class
C
Year Built
1971
Tenancy
Single
Building Height
7 Stories
Typical Floor Size
4,018 SF
Building FAR
5.68
Lot Size
0.11 AC
Parking
39 Spaces (1.43 Spaces per 1,000 SF Leased)

AMENITIES

  • Accent Lighting

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Sefton Council
  • Public Administration
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Sefton Council Public Administration - - -
  • Listing ID: 14564694

  • Date on Market: 12/6/2018

  • Last Updated:

  • Address: University Rd, Bootle L20 3NF