Units B&C, Globe Road, Bootle, Liverpool L20 4DY
Bootle, L20
Sold
Price
£920,000
Rent (pa)
£73,000
Yield
7.5%
Investment Summary
- Fully let industrial investment adjacent to Liverpool port
- Bootle docks are undergoing significant expansion as part of the liverpool2 deep port, expected to add £5bn to the local economy
- Expected to lead to a further 4 million containers a year, feeding already strong occupational demand in the local area
- Both units have recently been extensively refurbished including an entirely new roof and resurfaced yard
- Two units totalling 13,319 sq ft let to Hermes Parcelnet limited and Nect services limited
- Total rental income of £73,000 pa (£5.48 psf)
- AWULT 4.5 years to expiry (2.5 years to break)
- Strong owner occupier market in the area
- Freehold
- Offers in excess of £920,000 (STC)
- Net initial yield of 7.50%
- Estimated reversionary yield of 8.22%
- Capital value of £69 psf
Interested in this property?
Contact our team for more information or speak directly with Daniel Campbell.
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