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One Below Retail Ltd, 178 Grange Road, Birkenhead

Guide Price
£250,000

Business rates & charges may apply

Savills, Savills, Auctions
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SECTOR

Commercial property for sale

Key features

  • High Yielding Retail Investment
  • Let to One Beyond on a five year lease
  • Lease Expires 25/04/2027
  • Producing £42,500 per annum
  • 9,766 sq ft (907.3 sq m)
  • 2024 Break Not Exercised
  • Asset Management Potential
  • Established High Footfall Location
  • Guide Price Reflects 17% Gross Yield

Description

The property comprises a high yielding retail investment situated in a high footfall location and let to the well regarded covenant of One Beyond.

Arranged across basement and ground floors and providing 9,766 sq ft (907.3 sq m) of accommodation the property is let to One Beyond on a five year lease expiring 25/04/2027 and paying £42,500 per annum. The tenant did not exercise their 2024 break option displaying confidence in the location.

Located in the heart of Birkenhead Town Centre, the property comprises open plan retail space, a staff room and a storage room. The street is anchored by a large Asda supermarket and St Johns Square shopping centre, there is also a large car park to the rear. Nearby occupiers include Halifax, Primark, Boots, EE and Subway.

One Below Retail Ltd, 178 Grange Road, Birkenhead

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Birkenhead Central Station0.3 miles
  • Conway Park Station0.3 miles
  • Green Lane Station0.7 miles

Notes

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Disclaimer - Property reference E1D0D675-735F-4D9C-95D7-14EA9D88B1E8. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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