**Standout Features:**
- Prime location on Rivington Road, opposite the Port Arcades Shopping Precinct
- High-yielding leasehold investment generating £17,500 PA (9% yield)
- Substantial size: 8,810 sq ft across three floors
- Air conditioning, central heating, double glazing, and goods lift
- Leasehold tenure with 45 years remaining at a ground rent of £1,850 per annum
- Strong local amenities with excellent access to major transport links
**Potential Concerns:**
- Leasehold length may deter mortgage lenders
- Higher crime levels in the local area
- Area rating of "very deprived" impacting future growth potential
Discover a lucrative investment opportunity in Ellesmere Port with this spacious commercial property on Rivington Road. Currently let to the Hospice of the Good Shepherd Promotions Ltd, this property boasts a substantial annual income of £17,500, offering an attractive 9% yield. Spanning 8,810 sq ft, the premises features a large retail area, sorting rooms, and ample office space, all complemented by modern conveniences like air conditioning and a goods lift.
Situated in a bustling area opposite the prominent Port Arcades Shopping Precinct, this location benefits from heavy foot traffic and is surrounded by a variety of well-known retailers. With strong local transport links, it's only 7 miles from Chester and 13 miles south of Liverpool. Whether you're a seasoned investor or looking to diversify your portfolio, this property presents immense potential.
However, it's essential to consider the remaining lease term of 45 years, which could pose challenges for financing. Additionally, the property's surroundings indicate a higher crime rate and an area classified as 'very deprived', which may influence future prospects. Act quickly—this exceptional investment opportunity won't last long!
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