L34 1PJ TIGER COURT WELL SECURED HIGH YIELDING OFFICE INVESTMENT. 4,000-8,123 sq ft ( sq m) Kings Business Park Knowsley Merseyside

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1 L4 1PJ 4,000 -,12 sq ft ( sq m) Kings Business Park Knowsley Merseyside WELL SECURED HIGH YIELDING OFFICE INVESTMENT

2 INVESTMENT Modern office accommodation within the well established and popular Kings Business Park 2 self contained units let to Pure Legal Cost Consultants Limited and Pure Legal Limited until 22nd November 2020 Long leasehold interest of 999 years from 22nd August 2007 at a peppercorn ground rent Available individually at 47,000 for unit and 490,000 for unit 9, or as a combined lot of 9,000. This reflects a very low capital value of 119 psf A purchase at this level reflects a net initial yield of.7% after usual costs of.% assuming a combined purchase; and a net initial yield of.% after usual purchasers costs of 4.% if sold separately

3 LOCATION Kings Business Park enjoys an outstanding location, accessed directly from junction 2 of the M7 motorway, and has a full half mile frontage to the A7 Liverpool Road, the principal Prescot to Liverpool arterial route. Knowsley is strategically located at the centre of a comprehensive transport network with the M7, M2 and A0 intersecting close by. Both Huyton and Prescot town centres are within 2 miles, each offering a range of retail and other business facilities including Cables Retail Park, an ASDA and Tesco Superstore. Jct To St Helens M7 J4 Woodhurst Close Stockbridge Ln M7 K now sley Lane Knowsley Park Jct2 A 7 A2 Knowsley Safari Park A Prescot Bypass Liverpool Road Derby Pr escot Cables Retail Park The Park is well served by local bus routes, and the Mersey rail network offers a regular service from Prescot Station to Liverpool Lime Street every 1 minutes. A2 Seth Pow e l Way Liverpool Road Kings Business Park Huyton Lane Hurst Park M7 To Liverpool M7 J VIEW REGIONAL MAP L4 1PJ Huyton

4 Birkenhead Wallasey Runcor n Speke ST HELENS WARRINGTON MANCHESTER LIVERPOOL WIGAN BOLTON BURY Liverpool John Lennon Airport River Mersey Manchester Airport Port of Liverpool W idnes A49 A A A117 A7 A2 A7 A A A7 A A0 A0 A00 A0 A A A A4 A A A4 A41 A41 Walkden M M M1 M2 M2 M7 M M A Bootle 7 BACK TO LOCATION INVESTMENT LOCATION AERIAL

5 INVESTMENT LOCATION AERIAL SITUATION ACCOMMODATION JCT 2 M7 AHK Merseycare A7 Liverpool First Ark Group Alternative Future Group Camelot Kings Day Nursery Mac Plc Knowsley PCT Balfour Beatty Quindell

6 SITUATION Tiger Court was constructed in 2007 and is a scheme of detached offices, situated on Kings Business Park. The business park comprises several phases of modern offices as well as an on-site restaurant and nursery. Occupiers at Kings Business Park include the following: Merseycare NHS Trust AHK Camelot (National Lottery) First Ark Group Knowsley PCT Balfour Beatty Quindell Carillon Contract Services 9

7 ACCOMMODATION The units at Tiger Court represent an opportunity to acquire 2 self contained high quality office buildings, offering an excellent car parking ratio on one of Merseyside s Premier Business Parks. Each building is arranged over ground and first floors in an open plan configuration, offering maximum flexibility. Within a well established and well let, landscaped business park. SPECIFICATION Mature landscaped environment Superb motorway (M7/M2) access and local communications Generous on-site car parking provision Secure enclosed site Two storey office buildings from 4,000 to,12 sq ft Full access raised floors Toilets on each floor Suspended ceiling with integral lighting Excellent parking ratio at 1:229 sq ft UNIT SQ FT SQ M PARKING 4, ,12 1 TOTAL,12 7

8 GUARANTORS Unit is let to Pure Legal Costs Consultants Limited - a company incorporated on 2th January 201. The business primary function is bill drafting, costs negotiation and litigation. Personal Guarantors have been secured from each of the directors of the respective companies for the duration of the lease term. Unit 9 is let to Pure Legal Limited - an ABS Licensed law firm incorporated on 2th March 201. The business deals with personal injury claims, market leading funding and cost drafting and recovery. LEASE TERMS The units are let on the following FRI lease terms: UNIT TENANT LEASE COMMENCEMENT LEASE EXPIRY RENT COMMENTS Pure Legal Costs Consultants Limited 2rd November nd November ,000 pax ( 11 psf) - 9 Pure Legal Limited 2rd November nd November , pax ( 11 psf) The tenant benefits from a rent free period on unit 9 only until 22nd November 201

9 VAT VIEWING All figures are quoted exclusive of VAT. We understand the buildings have been elected for VAT and VAT will therefore be payable on the transaction. It is anticipated that the transfer will be by way of a Transfer Of Going Concern (TOGC). For further information please contact the joint letting agents. TENURE For further information or to arrange an appointment to view, please contact the agents: NEIL KIRKHAM MRICS, Associate Director T M E neil.kirkham@cbre.com The properties are held on the residue of a 999 year long leasehold interest at a peppercorn ground rent from 22nd August MISREPRESENTATION ACT: CBRE for themselves and for the vendors or lessors of this property whose agents they are, give notice that (i) these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of an offer or contract. They are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to the correctness of each of them. (ii) no person in the employment of CBRE has any authority to make or give any representation or warranty in relation to this property. Designed by i-creative 201.