Everton training ground on market for £15m
DTZ has been instructed to sell the investment interest in Everton Football Club's training complex in Liverpool on behalf of a private client.
Finch Farm was designed by specialist sports facilities architects AFL and was completed in 2007. The building provides 70,000 sq ft of training facilities set in 55 acres, including a gym, medical village, media centre, canteen, offices and education centre for Everton Academy.
On offer is 30 years' secure income with 2.50%-a-year fixed uplifts, compounded and payable five-yearly.
The starting price is £15.356m, representing a net initial yield of 7.75%. Strong interest is expected, DTZ said.
Simon Lowe, associate director at DTZ in Manchester, said: "This is a very rare and exciting opportunity to make a long-term investment in a world class Premier League training complex – an alternative asset with sound underlying property fundamentals."
