2-6 Brasenose Road, Bootle, Merseyside, L20 8HG

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Sold for

£262,000

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Property Details

Location

Description

A commercial investment opportunity comprising a tyre workshop and yard currently let and producing an annual rental income of £38,000. The site extends to a total of 0.15 hectares (0.37 acres) with prominent road frontage onto Brasenose Road (B5318) on the corner of Bankhall Street (A5056). Internally the accommodation extends to approximately 612 Sq.M (6,594 Sq.Ft) and comprises a workshop, higher bay workshop and ancillary office accommodation. The property 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.

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.

Accommodation

Pugh & Co have not inspected the property internally and the following accommodation details have been provided by the joint agent;

Ground floor workshop & offices	408 Sq.M (4,396 Sq.Ft)
Ground floor extension	204 Sq.M (2,198 Sq.Ft)

Tenure

The property is held part freehold (Title No: MS320139) and part leasehold (Title Nos: MS26980 and MS74276. The leasehold elements are both held on 99 year leases from 20 June 1975
subject to review in the 50th (June 2025) and 75th years. The current combined ground rent is £3,100 per annum.

Tenancy

Let on a 5 year lease dated 17th May 2024 at £38,000p/a to Lodge Tyre Company, part of The Halfords Group.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 25TH NOVEMBER AND CLOSES ON WEDNESDAY 26TH NOVEMBER.

3. Energy Performance Certificate = B

4. Pugh & Co have not inspected the property internally and the accommodation information listed has been provided by the joint agent.