38-44 Mount Pleasant Liverpool, Merseyside, L3 5SX

Property Highlights

• Prominent location within Liverpool City Centre.
• Rare opportunity to acquire on a long ground lease.
• Peppercorn ground rent of 160 years unexpired.
• 600 sq. m (6,458 sq. ft) approximately, plus 2 basement car parking spaces.

Location

The property is situated on the westerly side of Mount Pleasant, close to its junction with Renshaw Street (A5038). It is located in close proximity to the prime retail area, and Mount Pleasant forms one of the main roads leading to the University Quarter.

The immediate area forms part of one of Liverpool`s established leisure/restaurant areas.

The Property

The property forms the ground floor of a part period and modern 5-storey building, with the upper floors comprising self-contained apartments.

It has a prominent frontage to Mount Pleasant, and also a separate function room in the basement.

The property is fully fitted as a restaurant, with a large clearspan area on the ground floor, to the rear of which are kitchens, toilets and amenity accommodation. The basement provides a self-contained function room, with adjacent kitchens, toilets and ancillary storage.

The property is fitted to a high standard, and has a pavement licence for external seating on Mount Pleasant.

It could be subdivided into two units subject to all appropriate consents.

The basement contains 2 dedicated parking spaces.

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:

671 sq. m (7,222 sq. ft)

Tenure

The property is held on a 125 year ground lease at a peppercorn ground rent, which commenced on 4th June 2004. The ground lease has approximately 103 years unexpired.

EPC

The property has an EPC with a C Rating. A copy is available on request.

Rates

We understand through internet enquiries that the property has a rateable value of £43,750.

Interested parties should make their own enquiry of Liverpool City Council`s Rating Department on 0151 233 3008 or www.voa.gov.uk/businessrates.

Price

Offers in the region of £1.5 million.

Service Charge
£6144 per annum

Viewings
Further information can be obtained from sole Agents SK Real Estate (Liverpool) Ltd
Contact: Chris Hennessy BSc, MRICS
Tel: 0151 207 9339
M: 07435 986 377
Email: chris.hennessy@skrealestate.co.uk

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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.