3 Cross Green, Formby, Liverpool, L37 4BH
The property is located fronting on to the central roundabout of Cross Green, which connects to Liverpool Road (B5424) Duke Street and Altcar Road. The property is close to Formby Town Centre, which is a well-established retail centre providing a number of national occupiers including Waitrose, M&S, various banks including Lloyds, Barclays, RBS, and other national multiple occupiers. The property is also situated in close proximity to Formby Railway Station and the Formby Bypass (A565), which provides links to Southport, Liverpool and the local motorway network (M57 and M58 Motorways).
The subject property provides a three-storey period detached building with extensive car parking to the front exterior. The car parking area benefits from a separate entrance and exit and has well-established trees to the front boundary wall. The building provides an ornate facade with double bay windows, mansard roof with red brick construction and dual-pitched roof and sash windows. Internally, the property benefits from thirteen self-contained office suites with kitchen, toilet facilities at ground and first floor level. A number of the occupiers have been trading in the building for some years. The current income of £45,624 includes a mast from O2, and there are currently two vacant office suites which may generate a further £6,000 per annum.
We understand that this building is held on a 999 year lease, with a small ground rent. Further details are available upon request.
We understand that the individual office suites are individually rated with no rates payable as they are under the £12,000 rateable value threshhold. The building benefits from office consent.
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd - Tel: 0151 207 9339 / Contact Jonathan Owen (jonathan.owen@skrealestate.co.uk) / Tom Pearson (tom.pearson@skrealestate.co.uk).
