Retail premises for sale in Walton Vale, Liverpool L9

Fixed price £125,000 (£97.43/sq. ft)
Retail premises for sale 1,283 sq. ft*

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40 Walton Vale, Liverpool, Merseyside L9 2Bu

Interested in this property? Call +44 20 3641 9157 * or Request Details

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Property features

  • Freehold Shops Investment
  • Comprises a ground floor cafe and first floor hair salon
  • Lease expiry for both shops is 2025, no breaks
  • VAT is not applicable to this property
  • Occupiers nearby include Boots, Greggs, Iceland and many more

Property description

Investment Consideration:
Gross Initial Yield: 6.72%
Rental Income: £8,400 p.a.
VAT is not applicable to this property.
Lease expiry for both shops is 2025, no breaks.
Opposite Card Factory and amongst a host of multiple traders including Boots, Help The Aged, Hallmark, Greggs, British Heart Foundation, Iceland and many more.

Property Description:
A mid terraced building comprising a Ground Floor Shop with separate front access to a Hair/Beauty Salon at first floor level.

Tenancy:
The ground floor shop is at present let to M. Lunt (Café/Home Catering) for a term of 7 years from 1st May 2018 at a current rent of £4,800 per annum and the first floor shop is at present let to M. Lunt (Hair/Beauty Salon) for a term of 7 years from 1st May 2018 at a current rent of £3,600 per annum. Both leases provides for rent reviews every third year of the term and contains full repairing and insuring covenants.

Location:
Occupying a prominent trading position opposite Card Factory and amongst a host of multiple traders including Boots, Help The Aged, Hallmark, Greggs, British Heart Foundation, Iceland and many more. Liverpool is a major commercial centre with excellent transport links via the M57, M58 and M62 which connects with the M6 some 35 miles west of Manchester.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Blue Alpine Partners, SW1P on +44 20 3641 9157 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blue Alpine Partners, and do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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