Offices and Hostel Accommodation, Scotland Road, Liverpool L5 5AE
Features
- FREEHOLD
- PROMINENT LOCATION FRONTING SCOTLAND ROAD, ADJACENT TO KINGSWAY TUNNEL ENTRANCE
- BUILDING SOLD WITH VACANT POSSESSION
- SUITABLE FOR A VARIETY OF USES - STP
- 4 STOREY PLUS BASEMENT
- ADDITIONAL INCOME GENERATED FROM ADVERTISING HOARDING
- 34,000 SQ.FT (3159.64 SQ.M) 0.38 ACRE AREA
Overview
286-316 Scotland Road comprises a four storey building of brick construction incorporating stone features, with part pitched, part flat roof.
Location
The subject property is located fronting Scotland Road (A59) and can be approached from Dryden Street to the rear.
It is located directly to the northern approach to the Kingsway Tunnel entrance.
Description & Specification
Internally the building provides storage to the basement, office accommodation to the ground floor and first floor and a 30 bed hostel with warden accommodation to the second and third floors.
The windows are double glazed to front and single glazed behind.
There is a car park to the rear providing approximately 10-12 car spaces.
The accommodation is in various specification and condition and would suit a developer seeking to refurbish or redevelop. There is significant opportunity to add value.
Advertising Hoarding
Income of £18,904 is received from a standing agreement of Primesite Ltd (trading as Global) for 10 years starting 1 January 2020. There are rights for either party to terminate. Further details available on request.
accommodation
Description | sq.m | sq.ft |
Basement | 464.64 | 5,001 |
Ground Floor | 573 | 6168 |
First Floor | 693 | 7459 |
Second Floor | 710 | 7642 |
Upper Floor | 60 | 646 |
Third Floor | 584 | 6286 |
Upper Third | 75 | 807 |
Totals | 3159.64 | 34,009 |
price
Available on request
Rateable Value
All costs quoted are for indicative purposes only and all all interested parties should rely on their own enquiries with the local authority.
VAT
All prices, outgoings and rentals quoted are exclusive of VAT, but may be liable at prevailing rate. Further information on request.
Terms
The freehold titles are to be disposed of with the intention to offer with vacant possession (with exception of advertising hoarding).
Guide price and further information to be provided upon request.
Please note that our client prefers offers on a unconditional basis. Any conditional offers should be fully qualified with appropriate due diligence to be accurately considered.
Legal Costs
Unless otherwise stated all parties to bear their own legal costs.
EPC
Energy performance certificate is available on request.