Office for sale in Paramount Business Park, Huyton L36

Location
The property forms part of Paramount Business Park, which is prominently located fronting the south end of Wilson Road, an established industrial / commercial area. The property is situated within a quarter of a mile from the junction of the M57 and M62 motorways approximately 7 miles east of Liverpool city centre and 9 miles west of Warrington town centre

The Property
The property comprises an office buildings arranged over two storeys and set in a pleasant landscaped surrounding with eighteen similar type units. Internally, the accommodation benefits from suspended acoustic tiled ceiling incorporating LG3 complaint lighting, perimeter compartment trunking and electrical panel heaters. Male, female and disabled WC's are located at the ground floor entrance lobby and there is a kitchenette open plan to the ground floor office accommodation. The windows are aluminium framed powder coated double glazed units with security roller shutters to the rear ground floor elevation. There are four dedicated on-site car parking spaces available at the front of the property

Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to provide the following approximate Net Internal Area:

Ground Floor: 52.3 (563 sq.ft).
First Floor: 62 sq.m (667 sq.ft).

Tenure
The premises are held by way of a long leasehold interest for the residue term of 125 years from January 2007 with a peppercorn ground rent.

Tenancy Information

We understand that the property is currently let on an effectively Full Repairing and Insuring Lease for a Term of 5 years from 28th February 2024, with a break option on the 3rd Anniversary of the Lease Term at a current passing rent of £20,000 per annum.

Further details available upon request.

EPC
Full report available upon request.

Rates
We understand through internet enquiries the property has a rateable value of £9,500. Interested parties should make their own enquiry of Liverpool City Council's Rating Department on or .

Price
£220,000, reflecting a Net Initial Yield of circa 8.9% (after deducting purchasers costs of 2.44%).

Viewings
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd Tel: / Contact: Tom Pearson ()

what3words /// patch.demand.noon

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own research into the working order of these items. All measurements are approximate and photographs provided for guidance only.