Matalan Headquarters, Knowsley Business Park, L33 7SZ_Property for Sale
Matalan Headquarters, Knowsley Business Park, L33 7SZ_Property for Sale
Liverpool, UK, EMEA

Matalan Headquarters, Knowsley Business Park, L33 7SZ

Asset Description

The property comprises a prime ESG focused headquarter office in a highly attractive landscaped environment. This modern high quality asset has a concrete frame construction with glazed curtain wall elevations. The building is arranged as a main block with a wing at each end forming a horseshoe shaped footprint. The building has been designed to be future-proofed and incorporates the ability to create an extra wing if required in the future. Completed in 2014, the building offers the following high quality specification:


  • An EPC rating of B (31)
  • BREEAM “Very Good” score
  • Full triple height glazed reception
  • Significant break out kitchen and catering areas
  • Rooftop solar PV panels
  • Chilled beam heating and cooling system
  • Full access raised floor
  • Metal grille suspended ceiling
  • LED motion sensor lighting
  • Four passenger lifts
  • One goods lift
  • Gatehouse
  • Woodland walk in an extensive external landscaped area

 

There are 651 car spaces providing a generous parking ratio of 1:176 sq ft.


...

Attributes

Building area net
10,672 m²
Occupancy
100%
Year built
2014
Number of units
1 units
WAULT
16 years

Media

Investment Highlights

  • A prime single-let headquarters office investment situated on Knowsley Business Park
  • Let to Matalan  Retail  Limited with approximately 16 years unexpired
  • Strategic location with excellent access to the M57, M62, M58 and A580
  • Passing Rent of £2,451,634 per annum (£21.34 per sq ft)
  • High specification office building comprising approximately 114,868 sq ft (10,671.49 sq m) with potential to expand further
  • 651 car spaces providing a generous parking ratio of 1:176 sq ft
  • Site area of approximately 5.6 hectares (14 acres) with potential to acquire an additional adjoining site
  • EPC B31 and BREEAM “Very Good
  • 5 yearly RPI linked rent reviews (1-4% per annum compounded).
  • Next rent review is on 2nd January 2027 where the rent will increase to a minimum of £2,732,035 per annum (£23.78 per sq ft) and potentially £2,982,787 per annum (£25.97 per sq ft).
  • Held long leasehold for a term of 999 years from 1946 at a peppercorn rent.
  • We are seeking offers in excess of £22 million subject to contract and exclusive of VAT.

Contact brokers

Matalan Headquarters, Knowsley Business Park, L33 7SZ (0 Properties)

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Last updated
26 Feb 2024