Eden Connelly
edenc@jacksoncriss.co.uk
0207 637 7100
Eastham Point Retail Park, Wirral
- Eastham is situated in the metropolitan Borough of Wirral and has a resident population of approximately 13,900 people, within the wider Wirral borough population of around 320,200.
- The Wirral peninsula benefits from a robust visitor economy, estimated to be worth £547.5m in 2025 (Scarborough Tourism Economic Activity Monitor).
- Prominently situated on the A41 (New Chester Road), one of the principal arterial routes running through the Wirral peninsula.
- The purpose built retail parade comprises 10,202 sq ft (948 sq m) of accommodation on a site area of 0.75 acres (0.3 hectares).
- 46% of the contracted income secured against the undoubted covenant of Central England Co-Operative Limited.
- 57% of the contracted income is subject to index-linked reviews from Co-Op (five-yearly, 1%-3%) and Osprey EV Charging (annual CPI, capped at 3%).
- Extremely attractive WAULT of 10.5 years (5.1 years to break).
- Total gross contractual income of £175,585 pa, reflecting an average rent of £15.30 psf on let floor space.
- Reversionary potential for the parade, with unit 2 let to United Construction and Remodelling Limited t/a Kutchenhaus at a low passing rent of £10.83 psf.
- Strong EPC credentials, with two units rated A and one rated B.
- Freehold.
Our clients are seeking offers in excess of £2,360,000 (Two Million Three Hundred and Sixty Thousand Pounds), subject to contract and exclusive of VAT, which reflects a net initial yield of 7% after allowing for the deduction of standard purchaser's costs.
Yield:
7 %
Price:
£2,360,000
Contact:
Jonathan Milburn
07970 617 867
jonm@jacksoncriss.co.uk
Rhodri Jones
07570 684 444
rjones@jacksoncriss.co.uk