2 bedroom commercial property for saleMill Lane, Old Swan, L13 4AH
- Investment Opportunity
- Mixed Use Premises
- Fully Let Unit
- Long Term Commercial Let in Place
- Popular Area
- 9% Yield
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%.
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