Southern Gateway
Speke Boulevard, Liverpool , L24 9HZ
£8,300,000.00
Ref No. 8207
For Sale

Location Speke Boulevard, Liverpool, L24 9HZ, Merseyside, , North West
The property is located in Speke, approximately 7 miles (11km) south east of Liverpool City Centre near the north bank of the River Mersey. The area is served by the A561 dual carriageway, which is the principal southern gateway into Liverpool, as well as providing access to Junction 6 of the M62 (via the A562 and A5300) and Junction 12 of the M56 (via the A533 and A557).

Size 367973.00 ft2
(34185.84 m2)

Description High Yielding Mixed Use Investment Opportunity

Specification

  • Multi-let warehouse investment with ancillary office and laboratory accommodation totaling 367,973 sq ft (34,185 sq m)
  • Extensive and prominent frontage to Speke Boulevard, a major arterial route in and out of Liverpool and well established commercial location within Merseyside
  • Speke is home to the largest cluster of biologic manufacturing in Europe
  • Let to tenants including Shop Direct Home Shopping Limited, Acumen Distribution Limited and Nerudia Limited with a total passing rent of £916,548 per annum
  • Five principal buildings on a site area of 17.32 acres (7.01 hectares)
  • Future asset management angles to enhance value
  • Potential redevelopment opportunities, subject to planning
  • We are instructed to seek offers in excess of £8,300,000 (Eight million, Three Hundred thousand pounds) which reflects a net initial yield of 10.35% after standard purchaser’s costs of 6.67%, a triple net initial yield of 8.82%, a reversionary yield of 13.90% and a low capital value of £22.56 per sq ft.

Property Type Industrial/logistics

Initial Yield 10.35%

Property Contacts:

  • Andrew Hilbourne
    +44 (0)161 238 6284
  • Joshua Downes +44 (0)161 238 6258
Property Location:



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a. the particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
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