This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

2 bedroom commercial property for sale

Mill Lane, Old Swan, L13 4AH

£130,000

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

Disclaimer - Property reference 26343122. 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 Belvoir, 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.

Map data OpenStreetMap contributors.