Retail premises for sale in Mount Pleasant, Liverpool L3

£225,000
Retail premises for sale 1 1
Interested in this property? Call +44 151 382 7454 * or Request Details

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Property features

  • Investment Opportunity
  • Substantial Basement Premises with Rear Yard
  • Well Established Inner City Location
  • Suitable For A Number Of Uses
  • Total Approx nia: 165.2 sq.m (1,777 sq.ft)

Property description

For sale - business not affected

Location
The subject property is situated fronting onto Mount Pleasant at its' junction with Roscoe Street on the outskirts of the inner city retail core with the main shopping district of Liverpool One approximately 0.2 miles west. The immediate surrounding area comprises mainly a mixture of office and retail occupiers which includes barber shop, restaurants and Tesco Express to name but a few. The property is also in close proximity to a number of university buildings and student accommodation served well be excellent transport link.

The Property
The subject property comprises a basement premises within a four story end terrace period brick building. Internally, the property benefits from quarry tiled flooring, suspended ceiling incorporating spot lighting with the area separated by way of fixed glazed partitioning, WC and kitchen provision. Externally, the property benefits from kerbside parking provision (pay & display) with the rear of the premises comprising a small paved area and parcel of land

Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to provide the following approximate Net Internal Area:

Main Retail Sales: 113.3 sq.m. (1,220 sq.ft.)
Office 1: 13.8 sq.m (148 sq.ft)
Office 2: 15 sq.m (162 sq.ft)
Store: 8.8 sq.m (90 sq.ft)
Kitchen: 14.7 sq.m (158 sq.ft)
WCs: Not Measured

total: 165.2 sq.m (1,777 sq.ft)

Tenure
We understand the property is held by way of a long leasehold interest for a Term of 125 years commencing September 2009 with a ground rent of £500 per annum.
Further details are available upon request.

Tenancy Information

We understand that the property is to be let to an independent Tattoo Studio, on an effectively Full Repairing and Insuring Lease for a Term of 5 years from April 2022, with a break option on the 3rd Anniversary of the Lease Term at a current passing rent of £20,000 per annum.

Further details available upon request

EPC
Full report available upon request.

Rates
We understand through internet enquiries the property has a rateable value of £10,750. Interested parties should make their own enquiry of Liverpool City Council's Rating Department on or .

Price
£225,000 plus VAT, reflecting a Net Initial Yield of 8.67% (after deducting purchasers costs of 2.47%)

Viewings
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd Tel: / Contact: Tom Pearson ()

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own research into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
SK Real Estate, L3 on +44 151 382 7454 * (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 SK Real Estate, and do not constitute property particulars. Please contact SK Real Estate 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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