834 sq. ft (77.48 m²)
Key features
- Prominent roadside location on Dee Lane, within the heart of West Kirby Town Centre .
- West Kirby is an affluent and desirable town on the Wirral Peninsula.
- Excellent regional connectivity via the A540 and direct rail services on the Merseyrail network.
- Forms part of an attractive mixed-use development with 8 high quality apartments directly above under separate ownership.
- Brand-new, high-quality retail unit providing 834 sq ft of space.
- Held long leasehold for 999 years from May 2025 on a peppercorn.
- 10-year lease from 28thMay 2025 with a break option in year 5.
- The annual passing rent is £23,500 per annum exclusive VAT with an upwards only open market rent review in year 5.
- Net Initial Yield of 7.53% assuming Purchaser Costs of 3.90%.
Description
The unit forms part of an attractive mixed-use development comprising 8 high end residential apartments under separate ownership including two ground floor commercial premises. The property occupies a prominent roadside
location fronting Dee Lane within the heart of the town centre and opposite the towns main surface level car park. Dee lane links to the popular Waterfront which attracts significant foot traffic within the location.
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