COMMERCIAL & RESIDENTIAL INVESTMENT OPPORTUNITY, LIVERPOOL.
Liverpool, MerseysideAsking Price: £185,000
Status:
FOR SALE
Date Submitted:
14/02/19
Advert ID:
16
Reference:
FR2603 / Rightbiz
Call Agent:
Business Details
INVESTMENT PROPERTY, Liverpool. Modern premises. Ground floor commercial and two, self-contained 2 bedroom apartments. Fully let. Income of £18,060 per annum. 5 year lease to ground floor commercial, from July 2018. Prominent position. Electric roller shutters. High specification accommodation. Freehold. £185,000. FR2603.
Location
The premises are set within a mixed-use parade in the densely populated area of Walton on Rice Lane (A59), in the city of Liverpool in the North West of England.
The A59 is an arterial route linking Liverpool with Aintree, the M57 and M58 and comprises of similar style commercial units to the subject, with accommodation above.
The majority of commercial retail units within the area appear to be currently occupied.
Description
The modern, ground floor commercial premises are configured as a sizeable retail unit, with additional sales space behind, followed by a kitchen and W.C., with significant storage space to the basement.
There is separate access from Rice Lane to the self-contained residential accommodation, which comprises two, two-bedroom apartments, each with fully fitted kitchens, living rooms, bathroom and bedrooms.
Both flats are currently occupied and let on assured shorthold tenancies. There may be potential to increase the rents in line with market rent for the area.
The commercial unit is currently occupied on a 5 year lease.
Tenancy Information
Commercial – 5 year lease from 1st July 2018 - £6,720 pa
489a Rice Lane – Let on Assured Shorthold Tenancy - £5,940 pa
489b Rice Lane – Let on Assured Shorthold Tenancy - £5,400 pa
Annual income of £18,060.
Tenure
Freehold.
Price
£185,000.
Key Features
Contact Agent
Telephone:
Registered Buyers only »Agent Name:
Registered Buyers only »Advert Reference:
FR2603 / RightbizEmail:
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