Property description
Opportunity to acquire a reversionary single let industrial investment, let to The Liverpool Football Club and Athletic Grounds Limited, who are a long standing occupier.
The tenant has recently re-geared their lease in July 2023, expiring 20 July 2033 (subject to break 01 January 2028).
It is let of a low rent of £5.02 psf (ERV £6.50 psf), subject to an OMV rent review on 21 July 2028, providing the opportunity to capture significant reversion.
The purchase price of £6,780,000 reflects a NIY of 6.50%, reversionary yield of 8.41% and low capital value of £72.40 psf.
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