40-60 Wallasey Road, Liscard CH45 4NW

40-60 Wallasey Road, Liscard CH45 4NW

SOLD

Moffatt Scott have completed the sale of this unbroken freehold retail parade in Liscard town centre, comprising eight retail units and a leisure unit. The parade is anchored by a new 30 year lease to J D Wetherspoon Plc with RPI linked rent reviews.  The balance of the income is secured against a mix of national and regional covenants, including Oxfam and Papa John's, alongside established local traders. The combination of a long, index linked income and a diverse tenant line up attracted very strong interest from both regional and national investors. The sale went to multiple rounds of competitive bidding, reflecting the ongoing appetite for well let retail parades. If you are looking to acquire or dispose of similar retail investments, we would welcome a discussion.