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Just added

Offers over

£1,700,000

(£69.94/sq. ft)

Retail premises for sale
Wallasey Road, Liscard CH45

24,305 sq. ft

Local area information

Property location

Nearby amenities

St Alban's Catholic Primary School 0.1 miles
The Oldershaw Academy 0.2 miles
Wallasey Village 0.9 miles
Wallasey Grove Road 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Wallasey to find out more about the local area.

Features and description

Retail Parade Investment Opportunity
Freehold

• Prominent position fronting Wallasey Road, • Two storey parade providing 8 retail units and 1 leisure unit, • Rear car park/service area accessed off Wallasey Road and Moseley Avenue, • Fully let with 68% of income received from Wetherspoons, Oxfam, BetFred and Papa Johns, • 43% of income secured to J D Wetherspoon Plc for 30 years from August 2025 with fixed rental increases, • Wetherspoons have commenced a £300,000 refurbishment of their premises to include an outdoor seating area to the rear, • Service Charge in place for all tenants operated by managing agent, • Passing Rent: £173,800 per annum
• Seeking offers in excess of £1,700,000 subject to contract and exclusive of VAT
• Net Initial Yield: 9.63% (after purchaser’s costs at 6.18%)
• Reversionary Yield August 2026: 10.18% (after purchaser’s costs at 6.18%)

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Listed by

Moffatt Scott

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0151 382 0977

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