Retail premises for sale in 3 Oxford Road, Liverpool L22
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Freehold Investment Opportunity
- Well Established Tenant
- Current Passing Rent: £17,200 per annum
- Net Initial Yield: 8.4%
Property description
Location
The property fronts on to Oxford Road approximately 0.2 miles south east of the shopping / commercial district centre of Waterloo and is approximately 5.5 miles north east of Liverpool City Centre. The immediate surrounding area is predominately residential in nature with both sides Oxford Road providing terraced housing along both sides.
The Property
The property is a two storey mid terrace building of traditional brick construction under a pitched roof. It is flat fronted and faces directly on to the pavement close to its junction with Wellington Street. The property comprises a ground floor commercial shop unit currently trading as a convenience store and fit out for this purpose with storage to the rear and walled yard area. The first floor comprises a self-contained two bed residential flat with access to the flat is provide by the service door contained within the front elevation.
Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to provide the following approximate areas and dimensions:
Ground Floor
Net Internal Area: 35 sq.m (377 sq.ft)
Tenancy Information
We understand that the property is currently let by a local convenience store, on a new and effectively Full Repairing and Insuring Lease for a Term of 20 years from December 2022 at a current passing rent of £10,000 per annum. The first floor is let by way of an Assured Shorthold Tenancy at a rent of £7,200 per annum.
Further details available upon request.
EPC
We understand the property has an Energy Performance Rating of C. Further details available upon request.
Rates
We understand through internet enquiries that the property has a rateable value of £2,900. Interested parties should make their own enquiry of Liverpool City Council's Rating Department on or .
Price
Offers in Excess of £200,000, for the Freehold interest.
Viewings
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd Tel: / Contact: Tom Pearson ()
what3words /// closes.awake.swan
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
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
SK Real Estate, L3 on +44 151 382 7454 * (local rate)
Disclaimer
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.