Opportunity

Belle Vale Shopping Centre, Liverpool

  • A covered shopping centre providing 257,165 sq ft of retail and leisure accommodation
  • Belle Vale Shopping Centre is the only scheme in the town
  • Strong community and neighbourhood convenience led scheme
  • Key retailers including Wilko, B&M, Home Bargains, Boots and Iceland
  • McDonalds drive-thru restaurant is prominently situated on Childwall Valley Road
  • Adjacent to a 73,000 sq ft Morrisons food store
  • Benefits from three leisure anchors
  • The scheme benefits from positive tenant trading with 12 lease renewals and re-gears in the last 12 months
  • Long leasehold of 999 years from May 2002 at a fixed base rent of £165,000 per annum
  • Annual footfall of approximately 3 million per annum
  • Weighted Unexpired Lease term of 4.17 years to expiry and 3.37 years to break
  • Re-based rents of £25-30 Zone A and affordable all in unit costs
  • 78% of the income secured to national multiple tenants
  • Secure and well diversified income play

The Port Arcades, Ellesmere Port

  • A partially covered 326,217 sq ft mixed use town centre ownership
  • Port Arcades offers a landlord significant control of the town centre
  • Strong value and convenience led retail offer
  • Links into Ellesmere Ports main bus station
  • Close proximity to the town centres principle car park offering 1,200 spaces and a large Asda supermarket
  • Strong convenience retail focus with key tenants including Wilko, Home Bargains, Iceland, Boots and Costa
  • Long leasehold interest with 92 years unexpired –negotiations with the council for an extension are in progress
  • Annual footfall of approximately 5 million per annum
  • Well diversified and robust cash flow
  • Weighted Unexpired Lease term of 4.46 years to expiry and 2.79 years to break
  • Affordable rents of £25-30 Zone A
  • 82% of the income secured to national multiple tenants
  • Significant asset management and development opportunities to add value and drive income


PROPERTIES

Belle Vale Shopping Centre

Belle Vale Shopping Centre

Liverpool, L25 2RF

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The Port Arcades

The Port Arcades

Ellesmere Port, CH65 0AP

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Location

Further Information

For further information please contact:

Giles Roberts

020 7487 1834
giles.roberts@colliers.com

Becky Hance

020 7344 6841
becky.hance@colliers.com

Hannah Greenland

020 7344 6559
hannah.greenland@colliers.com


Colliers International

Colliers International

50 George Street,
London

W1U 7GA

www.colliersretailcapitalmarkets.com


Misrepresentation Act
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an off er or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. Colliers International is the licensed trading name of Colliers International Property Consultants Limited. Company registered in England & Wales no. 7996509. Registered offi ce: 50 George Street, London W1U 7GA. November 2019.

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