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P12 & P13 Chavasse Park, Liverpool One, L1 8JF

Leisure Opportunity | 11,124 sq.ft

pdf Liverpool ONE P12 & P13 (6.22 MB)

Location

Liverpool One is one of the UK’s prime shopping & leisure destinations, attracting in excess of 29 million visitors each year. Built around the existing streets of Liverpool and anchored by John Lewis and Debenhams, the 1.65 million sq ft complex is home to over 170 shops, bars and restaurants as well as an 18 screen Odeon cinema, an indoor adventure golf course and over 3,000 car parking spaces. Other notable occupiers include Cote, Byron, Browns, Zara, Arket, Harvey Nichols Beauty Bazaar, Victoria’s Secret and Apple.

The subject premises occupy a standalone building, overlooking Chavasse Park, next to Aether by The Alchemist and The Club House. Other nearby F&B operators trading along the nearby Leisure Terrace include Five Guys, Pizza Express, GBK, Las Iguanas, Zizzi, Wagamama and TGI Fridays.

  • 29 million visitors annually.
  • 9% higher spend per customer vs UK city centre average.
  • 58% higher average catering spend than in town centres.
  • 17% increase in total F & B sales since 2014.
  • 2.1 million tourists visit Liverpool each year.
  • F & B sales up by 21% in the last five years on the terrace.

Accommodation

The premises are arranged over ground and first/mezzanine floor and can be let as two separate units or as one single unit, providing the following approximate floor areas:

P12 (Chaophraya)
Floor sq.m. sq.ft.
Ground Floor 290.22 sq m (3,124 sq.ft)
First Floor 297.38 sq m (3,201 sq.ft)
(All measurements have been calculated in imperial and converted to metric).
P13 (Thai Khun)
Floor sq.m. sq.ft.
Ground Floor 2306.48 sq m (3,299 sq.ft)
Mezzanine 139.35 sq m (1,500 sq.ft)
(All measurements have been calculated in imperial and converted to metric).
P12/ P13 combined
Floor sq.m. sq.ft.
Ground Floor 596.71 sq m (6,423 sq.ft)
First Floor & Mezzanine 436.73 sq m (4,701 sq.ft)
(All measurements have been calculated in imperial and converted to metric).

The premises feature a stunning glass box extension at the rear and a large balcony overlooking Great Northern Square. Fully fitted as a bar, the premises provide a large open plan trading space, long bar, male, female and disabled WC’s, office and a platform lift between ground and first.

Tenure

A new lease for a term to be agreed.

Rent

Upon Application

Service Charge

P12 £61,157 per annum

P13 £33,236 per annum

Combined, we understand the premises are assessed for rates as follows:
Rateable Value £178,000
2019/2020 UBR: £0.504
Rates payable: £89,712
Interested parties are advised to make their own enquiries to the Local Authority (Tel. 03000 501 501) or visit www.voa.go.uk

Costs

1.The ingoing party is to be responsible for their own legal costs incurred in this transaction.

2. All figures quoted are exclusive of VAT where applicable.

EPC

The property has an EPC rating of D. A copy of the EPC is available upon request.

Viewing

Appointments to view should be made strictly by appointment through Metis Real Estate Advisors. Or our joint agents, Cushman & Wakefield.

Dan Davies:

Suzanne Wainwright:

Luke Nicholson:

Code of Practice

The landlord accepts the principles of the Code of Practice for Commercial Leases in England and Wales. Alternative lease terms are available on request. A copy of the Code of Practice can be obtained from the Royal Institution of Chartered Surveyors, 12 Great George Street, Parliament Square, London, SW1P 3AD, Tel: 0207 334 3795 or alternatively from the website: www.leasingbusinesspremises.co.uk.

Misrepresentation Clause

  • Status: Available
  • Area sq ft: 11,124
  • Area m sq: 1033.45
  • Location: Liverpool