Prominent Bank Investment in Liverpool

The property comprises a ground floor banking hall, with office accommodation on the first floor. Ample parking can be found adjacent to the property in a public car park. The property is prominently situated on The Broadway, the principal retail thoroughfare in Norris Green, a busy residential suburb of Liverpool. Nearby occupiers include Greggs, Boots Pharmacy, Specsavers and Home Bargains. The property adjoins a large public car park. Located approximately 4 miles north-west of Liverpool City Centre and 30 miles west of Manchester, with good road access via the A580, A5058, and M57. Rail services are available from Walton (Merseyside) direct to Liverpool Central in approximately 10 minutes, and international travel is accessible via Liverpool John Lennon Airport and Manchester International Airport. The accommodation extends to approximately 262.70 sq m (2,828 sq ft) in total, comprising a ground floor banking hall of 204.90 sq m (2,206 sq ft) and first-floor offices of 57.80 sq m (622 sq ft). Let to Lloyds Bank Plc on a lease for 7 years from 19th December 2022 at a current rent of £38,000 per annum exclusive, with a rent review on 19/12/2026. The lease benefits from no tenant breaks remaining. The tenure is virtual freehold, held for a term of 999 years from 10th June 1947 at a peppercorn rent. VAT is not applicable to this lot, and the property holds an EPC rating of Band B.