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2 bedroom commercial property for sale

Mill Lane, Old Swan, L13 4AH


Property Description

Key features

  • Investment Opportunity
  • Mixed Use Premises
  • Fully Let Unit
  • Long Term Commercial Let in Place
  • Popular Area
  • 9% Yield

Full description

What an opportunity.

An investment with 9% return. On offer here is a fully let mixed use property consisting of office space and a two bedroom apartment.

Both units are in excellent condition and ready for the new landlord to take over, hassle free.

Location - Mill Lane is situated in Old Swan, Liverpool 13. The area is mainly residential, occupying family houses and flats however neighboring commercial units conveniently include a salon, sweet shop/ small supermarket, deli, cafe and music store.

Commercial Unit - The commercial unit measures approx 51.3 sq.m (552 sq.ft) internally and consists of a main office room which is situated at the front of the building and is accessed through the front door, second office space is used as a meeting room, kitchenette and staff room and bathroom. Externally, to the rear, is a large yard meaning the property could potentially be extended, subject to necessary planning and permission.

The property benefits from the added security of electric roller shutters.

Apartment - A good sized two bedroom apartment boasting modern kitchen and bathroom. The property benefits from it's own entrance on Mill Lane.

Comprises of: hallway, kitchen/diner, bathroom with elec shower, two bedrooms and a lounge.

Entrance: Carpet flooring, gas central heating 4.592m x 1.827m

Living Room: Carpet flooring, gas central heating 3.395m x 4.943m

Bedroom 1: Carpet flooring, gas central heating 1.996m x 3.803m

Bedroom 2: Carpet flooring, gas central heating 3.202m x 3.561m

Bathroom: Tilled flooring, gas central heating 1.951m x 2.517m

Investor Information - What a fantastic opportunity for a serious investor.
The office unit is let for £500.
The apartment is currently let on a periodic basis at £475 PCM. The current tenant has occupied this property since September 2013 and is managed by Belvoir!

The overall income equals £11,700 per annum, offering you a gross return of 9%.

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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