FORMER BINGO HALL FOR SALE MOSS LANE, ORRELL PARK, LIVERPOOL

92 Moss Lane, Orrell Park, Liverpool L9 8AN12,566 sq.ft (1,167.60 sq.m)

OVERVIEW

• Vacant Bingo Hall For Sale

• Offers invited with a guide price of £350,000 pa

• Total Income £21,448.77 pa from telecom masts

• 2 leases produce £13,250 and £8,918.77 pa (latterrent subject to rent review with minimumguaranteed RPI increase in September 2019)

• Rateable Value £23,000 (Bingo Hall)

• Significant parking available to the front and side

• Suitable for redevelopment or change of use

• Popular residential suburb

• Substantial building of 12,566 sq.ft (1,167.60sq.m)

• Total plot area approximately 0.48 acres (0.197hectares)

LOCATION

The property is located on 92 Moss Lane, OrrellPark, Liverpool L9 8AN. It is approximately 4miles north of Liverpool City Centre in apredominantly residential suburb.

The area's main link to Liverpool City Centre isOrrell Park Railway Station, part of theMerseyrail metro system. The station is approx500m. A number of bus routes run directly tothe City Centre from nearby Walton Vale which isaround a 10 minute walk from the Orrell Parkarea.

There is excellent road links with DunningsBridge Road, A59 and A580 Est Lancs all withina few minutes drive. M57 and M58 motorwaysare within 5 minutes travel time.

ORRELL PARK

The area has a large residential population with anestablished retail hub in a well known area of NorthLiverpool. Bootle Town Centre is approximately 2 milesto the south west and Liverpool City Centre less than 4miles.

The area is well known and the World Famous AintreeRace Course is less than 1 mile away.

Surrounding occupiers include a Post office, Take Away,Local Convenience Stores and Restaurants.

THE OFFER

• Freehold• Potential redevelopment STP• Potential to repurpose for alternative use• Suitable for investors and owner occupiers alike• Strong income profile with T-Mobile and Vodaphone • Potential to add value

TENANCY INFORMATION

• Lease from 26 February 2014 expiring 27 July 2025 to Cornerstone Telecommunications InfrastructureLimited (Vodaphone), with a passing rent of £13,250 pa. Remaining rent reviews 26 Feb 2020 and 2023 atRPI increases or higher open market rental value, whichever is the higher. Rolling tenant option to breakfrom February 2019 subject to 12 months notice. Landlord option to break subject to granting of anyplanning permission and 2 months notice.

• Lease from 6 September 2004 expiring 6 September 2024 to T-Mobile (UK) Ltd with a passing rent of£8918.77 pa. Remaining rent review 6 September 2019. Landlord option to break if improvement to theland subject to obtaining planning permission and meeting further obligations.

All leases available on request.

ACCOMMODATION

* Note the above areas have been measured inaccordance with RICS measuring guidance on aGross Internal Area.

Floor sq.ft (sq.m)

Main Hall 8,789 (816.55)

Front 3,779 (351.05)

Total 12,568 (1,167.60)

CONTACT

IMPORTANT NOTICE RELATING TO THE MISREPRESENTATION ACT 1967 AND THE PROPERTY MISDESCRIPTIONS ACT 1991

Keppie Massie for themselves and for the vendor or lessors of this property whose agents they are, give notice that: (i) The particulars are set out as a general outline only for the guidance of any

intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract, (ii) All descriptions, dimensions, references to condition and necessary permissions for use and

occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact, but must

satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person employed by Keppie Massie has any authority to make or give any representation or warranty

whatsoever in relation to this property. Produced January 2019. REGULATED BY RICS

For further information and viewings please contact the sole agent:

E: timgarnett@keppiemassie.com

0151 255 0755

www.keppiemassie.com