Commercial Property for sale

Booker Avenue/South Mossley Hill Road, Mossley Hill, L18

Sold STC £349,950

Property Description

Key features

  • Residential/Commercial Mixed Use Property
  • 2x Self Contained Flats & 1x Retail Unit
  • Not Available to Purchase Individually
  • Fully Occupied Income of 22,080 per annum
  • Sought After South Liverpool Location
  • Excellent Transport Links
  • Attractive 6% Yield
  • Unbroken Freehold Investment Property
  • Potential to Increase Rental Income
  • Viewing Highly Recommended

Full description

Tenure: Freehold

This property is now sold subject to contract, viewings are no longer being accepted.

A RESIDENTIAL/COMMERCIAL MIXED USED INVESTMENT PROPERTY PRODUCING AN ANNUAL INCOME OF £22,080 PER ANNUM AND OFFERING AN ATTRACTIVE 6.31% YIELD

1 Booker Avenue, L18 4QY

The property briefly compromises of; glazed timber shop front to two elevations, outdoor seating area with canopy, open plan interior seating area with counter and kitchen area, WC to the rear.

The property also benefits from a recent full refurbishment (May 2016) to a good standard and mains electricity, waste and water connections.

Type: Retail unit
EPC Rating: F129 (pre refurbishment)
Rateable Value: £5,900
Number of Floors: 1
Parking: On Street
Heating: Electric
Use Class: A3 & A5 (not confirmed)

The property is currently leased to Amakura LLP as from 9/5/16 on a 5 year FRI lease. The rent increases in stages; £8,500 per annum from 15/12/16 for 12 months, £9,000 per annum from 15/12/17 for the remainder of the term. The tenant has a right to claim a new lease following expiry of the current one. A deposit of £2,000 is held by the landlord and the lease benefits from a guarantor.

45 South Mossley Hill Road, L19 3PY

The accommodation briefly compromises of; entrance hallway with stairs leading to first floor (no ground floor accommodation). To the first floor; modern fitted kitchen, large living room, two double bedrooms, family bathroom and a separate WC. Externally there is a fenced front garden.

The property also benefits from double glazing and gas central heating (Worcester boiler).

Type: First floor flat
EPC Rating: D58
Number of Floors: 2
Parking: On Street
Heating/Energy: Gas Central Heating, Double Glazing

The property is currently vacant but was previously let at a rental of £575 per calendar month. The last tenant vacated in April 2016 and there have been no efforts to find a new tenant due to this pending sale. The property is in good condition and ready to be re-let.

45a South Mossley Hill Road, L19 3PY

The accommodation briefly compromises of; modern fitted kitchen, large living room with bay window, spacious double bedroom with bay window and a bathroom. Externally there is a fenced front garden with potential for off street car parking.

The property also benefits from double glazing and gas central heating (Worcester boiler).

Type: Ground floor flat
EPC Rating: D68
Number of Floors: 1
Parking: Off Street, Driveway, Gated
Heating/Energy: Gas Central Heating, Double Glazing

The property is currently tenanted through an Assured Shorthold Tenancy and the current tenant has been in situ for 3.5 years (as of October 2016). The current tenant is happy in their home and ideally wishes to remain in the property following a sale. The current rent is £495 per calendar month. A deposit of £495 is held by the landlord in a deposit protection scheme.

Further Details

Property Type: Commercial Property
No. of Floors: 2
EPC Rating: Pending
Local Authority: Liverpool City Council

Disclaimer

These particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers/tenants and do not constitute an offer or part of a contract. Prospective purchasers/tenants ought to seek their own professional advice.

All descriptions, dimensions, areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers/tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.

All measurements are approximate.

Room Details


Cafe 
5.68m x 8.68m
to widest points
(18' 8" x 28' 6")
Coving, laminate flooring, timber glazed shop front, counter and food preparation area

Cafe Wc 
2.0m x 1.84m
including store cupboard
(6' 7" x 6' 1")
WC, wash basin, baby changing facility, store cupboard, hand dryer

45 Smhr - Kitchen 
3.47m x 2.4m
(11' 5" x 7' 11")
Range of oak effect kitchen units, electric hob and oven, laminate flooring, window to rear, laminate worktops, sink and mixer tap, integrated fridge/freezer

45 Smhr - Living Room 
3.44m x 6.22m
(11' 4" x 20' 5")
Coving, window to front, radiator, laminate flooring, electric fireplace, TV & phone points

45 Smhr - Front Bedroom 
2.46m x 3.71m
(8' 1" x 12' 3")
Picture rail, window to front, radiator, laminate floor

45 Smhr - Back Bedroom 
3.91m x 2.42m
(12' 10" x 8' 0")
Picture rail, window to rear, radiator, carpet

45 Smhr - Bathroom 
1.5m x 2.17m
(5' 0" x 7' 2")
Tiled walls, vinyl flooring, bath, electric shower, wash basin, window to rear, loft access, radiator

45 Smhr - Wc 
1.43m x 0.91m
(4' 9" x 3' 0")
WC, window to rear

45a Smhr - Kitchen 
5.9m x 2.09m
(19' 5" x 6' 11")
Velux skylights, range of white kitchen units, tiled floor, tiled splashback, radiator, 1.5 sink with mixer tap

45a Smhr - Living Room 
3.6m x 6.46m
into bay window
(11' 10" x 21' 3")
Coving, bay window to front, radiator, laminate flooring, TV & phone point

45a Smhr - Bedroom 
2.43m x 4.9m
into bay window
(8' 0" x 16' 1")
Coving, bay window, meter cupboard, radiator, carpet

45a Smhr - Bathroom 
1.88m x 1.88m
(6' 3" x 6' 3")
Tiled floor, Worcester boiler, WC, wash basin, shower enclosure, radiator, window to front

Nearest stations

  • West Allerton (0.2 mi)
  • Cressington (0.7 mi)
  • Aigburth (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Atlas Estate Agents, Aigburth

10 Ashfield Road, Aigburth, Liverpool, L17 0BZ

0151 954 0500 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

  • West Allerton (0.2 mi)
  • Cressington (0.7 mi)
  • Aigburth (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Atlas Estate Agents, Aigburth

10 Ashfield Road, Aigburth, Liverpool, L17 0BZ

0151 954 0500 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 316. 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 Atlas Estate Agents, Aigburth. 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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