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TRANSCRIPT
For Sale
Charter House Union Street Wallasey CH44 8AS March 2019
─ Part-complete residential refurbishment
─ 42 x 2-bed self-contained apartments
─ Established residential area close to local amenities and public transport links
─ Opportunity to create an attractive high-yielding residential investment
─ Offers invited - deadline 22 March 2019
─
08449 02
On behalf of LPA Receivers
08449 02 03 04 avisonyoung.co.uk/14934
Location
Wallasey is a town located on the Wirral
peninsular in Merseyside approximately 5
miles to the west of Liverpool City Centre and
approximately 2.5 miles to the north of
Birkenhead.
Liverpool John Lennon Airport is
approximately 14 miles to the south of the
property accessible via the Queensway
Tunnel.
The Wirral is becoming an increasingly
popular area. Wirral Waters is a £4.5billion
regeneration initiative for the borough’s
dockland areas which will provide up to
13,000 new homes and up to 20 million sqft of
mixed use floor space.
Its popularity is the result of a number of
locational factors including its proximity to
Liverpool and the regional motorway
network.
Situation
The property is bounded by Church Street and Union Street and
approximately 2 miles to the southeast of Wallasey Town Centre.
The property is within an established residential area and is within close
proximity to local amenities, schools and public transport links with
Birkenhead North train station approximately 2 miles to the east of the
property, and the main bus route to Birkenhead Town Centre and
passenger ferry to Liverpool nearby.
The property has views over the River Mersey and Liverpool City Skyline.
Description
The property comprises a part-complete residential refurbishment
configured over 10 storeys. The development consists of 42
apartments with 4 apartments on each floor, with the exception
of the ground floor which has 2 apartments. Each apartment
comprises separate lounge, kitchen, bathroom and two
bedrooms and range in size between 755 sq ft to 818 sq ft.
The remaining apartments are generally at first and second fix
and adapt a similar design and layout throughout. Most
apartments also benefit from private balconies with most
apartments on the upper floors offering views of the River Mersey
and Liverpool City centre.
A central core incorporates a passenger lift with access to each
floor together with stairwell access and a reception area on the
ground floor.
Site Area
We calculate the site extends to approximately
2.97 acres (1.2 hectares).
Tenure
The property is to be sold Freehold.
Tenancies The property is to be sold with vacant
possession.
Planning Applications Planning consent for a ‘new ground floor
entrance lobby’ was granted in January 2018
(planning reference APP/17/01424).
Asking Price
Avison Young are instructed to seek unconditional
offers for the freehold interest.
Each party is to bear their own legal costs.
Evidence will be required upon submission of an
offer.
VAT We understand there is no option to tax in respect
of the property. Interested parties should take their
own advice in respect of VAT.
Viewing Strictly through prior appointment via sole agents,
Avison Young.
Additional information Additional information relating to the development
is available via a separate data room. Interested
parties are required to register with Avison Young
prior to being given access to view the data room.
Further Information For further information please
contact:-
Joseph Scott
0161 956 4423
Joel Crossfield
0161 956 4326
For further information please contact:
Avison Young Norfolk House, 7 Norfolk Street, Manchester M2 1DW
Avison Young is the trading name of GVA Grimley Limited. © 2019 GVA Grimley Limited
Avison Young hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent Avison Young is )in this brochure is provided on the following conditions: (1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do
not constitute an offer or contract, or part of an offer or contract. (2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and
occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.
(3) No person in the employment of Avison Young, or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure.
(4) All prices quoted are exclusive of VAT. (5) Avison Young shall have no liability whatsoever in relation to any documents contained within the brochure or any
elements of the brochure which were prepared solely by third parties, and not by Avison Young.
Joseph Scott 0161 956 4423 [email protected]
Joel Crossfield 0161 956 4326 [email protected]
Property ref avisonyoung.co.uk/14934