Liverpool is the 2nd largest city in the north west of England, situated approximately 34 miles west of Manchester.

Liverpool is one of the strongest retail centres in the UK and benefits from the 3rd largest primary retail catchment, with a population of 1,149,000 (Promis).

Liverpool ranks 2nd in the UK in terms of volume of total retail spend within the primary retail market area, with total retail expenditure amounting to approximately £6bn in 2021 (Promis).

The property comprises a flagship retail store occupying a 100% prime position at the junction of Church Street and Whitechapel, opposite Liverpool One.

The investment is let to the undoubted covenants of Next Holdings Ltd and Ocean Outdoor UK Ltd, both having Experian ratings of 100/100.

WAULT to expiry of 9.5 years and 5.13 years to break.

Our clients are seeking offers in excess of £13,500,000 (Thirteen Million Five Hundred Thousand Pounds) subject to contract and exclusive of VAT, which reflects the following yield profile, net of standard purchaser’s costs of 6.8%.

Net Initial Yield 7.62%
Reversionary Yield 8%
Equivalent Yield 7.89%