Retail premises for sale in 12 Mill Lane, West Derby L12

Location
The property is situated in West Derby Village, fronting Mill Lane, the main road serving the immediate area. It is situated close to its junction with Town Row.

The property is located 1/2 mile (0.8 km) east of the junction with Mill Lane and Queens Drive (A5058).

The immediate area comprises a range of retail and leisure units fronting Mill Lane, with residential accommodation immediately behind.

The Property
The property is part of a parade of local retail shops.

It extends to ground and first floors, and links with the adjoining property, which is also used by Ladbrokes.

The ground floor is fitted out as a betting shop, and there is a public area with a solid floor and laminate covering, with a suspended ceiling incorporating LED lighting.

To the rear is a counter area plus staff amenities.

The property has a first floor, access to which cannot be gained as it has been blocked off by the tenant for security purposes.

Accommodation
We have measured the accommodation on a Net Internal Floor Area basis and calculate the areas to be as follows:-

Ground Floor Retail Unit 1,061 sq. Ft 98.56 sq. M
1st Floor (not measured) 445 sq. Ft 41.34 sq. M
Total 1,506 sq. Ft 139.9 sq. M

Tenure
Freehold

Existing Lease
The property is let to Ladbrokes Limited, by means of a fully repairing and insuring Lease which expires on the 29th August 2025. Present asking rent is £11,250 per annum exclusive. The rent review from August 2020 is still outstanding.

Pricee
The property is for sale at an asking price of £175,000.

Rates
The property is not separately assessed from the adjoining unit.

EPC
An EPC is available on request.

Viewings
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd - Tel: Contact: Chris Hennessy mrics()

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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.