Commercial Development for sale

Young Student Village, Paul Street/Vauxhall Road, Liverpool, Merseyside, L3

Offers in Region of 14,000 sq. ft. | £2,350,000

Property Description

Commercial information

  • 14,000 sq ft (1,300 sq m)

Key features

  • Total Approx Floor Area 1,300 sq.m (14,000 sq.ft)
  • 50 Student Rooms Divided by 9 Individual Apartments and 6 Bedroom Self Contained Town Houses
  • Fully Furnished
  • Prominent Corner Fronted
  • Scheme is Occupied Until Summer 2016/2017
  • Gross Income 255,000
  • Freehold Premises

Full description

Tenure: Freehold

Description

Young Student Village, Paul Street/Vauxhall Road, Liverpool, Merseyside, L3 6DX {JMO/DDW}

Location

The property is located close to Leeds Street on a prominent corner of Vauxhall Road/Paul Street within an established student area of Liverpool City Centre. The new development is within short walking distance to Liverpool John Moores University Tom Reilly Building and James Parsons Building , University of Liverpool, Liverpool Lime Street Station and The City of Liverpool College.

Liverpool is ranked in the top 10 for best shopping cities within the UK benefitting from the River Mersey cruise liner terminal, Albert Dock, Liverpool John Lennon Airport and Liverpool Lime Street with direct connections to London Euston. Liverpool benefits from approximately 50,000 students within three renowned Universities supported by music culture and academic excellence.


Description



Accommodation / Site Area



Tenure

The premises are understood to be freehold.

Price / Rent

Offers in the region of £2,350,000. A purchase at this price would reflect a net initial yield of 8.32% (allowing for usual purchasers costs at 5.80%).

Rates / Planning

Plan ref number - 13F/2983 (Validated - 17/04/2014)
To erect a four storey building comprising ground floor commercial unit (Use Classes A1/A2) and 9 no. Student houses in multiple occupation (4 no. Six bedroom town houses, 1 no. 4 no. Bedroom town house, 2 no. Five bedroom apartments and 2 no. Six bedroom apartments).

Interested parties should make their own enquiry of Liverpool City Council's Rating Department on
0151 233 3008 or www.voa.gov.uk/business rates.



Energy Performance Certificate

A full copy of the EPC is available upon request.

Disclaimers



Additional Information

The building benefits from both an Architects and CRL ten years warranties.

Viewings

Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd - Tel: 0151 207 9339
Contact: Jonathan Owen (jonathan.owen@skrealestate.co.uk) / Dan Walsh (daniel.walsh@skrealestate.co.uk)

More information from this agent

Nearest stations

  • Moorfields (0.4 mi)
  • Liverpool Lime Street (0.7 mi)
  • James Street (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

SK Real Estate , Liverpool

2 Cotton Street, Liverpool, L3 7DY

0151 954 0661 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Moorfields (0.4 mi)
  • Liverpool Lime Street (0.7 mi)
  • James Street (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

SK Real Estate , Liverpool

2 Cotton Street, Liverpool, L3 7DY

0151 954 0661 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 4242. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SK Real Estate , Liverpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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