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3 bedroom commercial development for sale

Longmoor Lane, Fazakerley L9

£112,000

Property Description

Key features

  • Mixed use Investment Freehold Property
  • Total Annual rent just under 15,000
  • Retail unit ( currently a Newsagents)
  • One bedroom ground floor flat to the rear
  • One bedroom 1st floor flat above unit
  • Retail Unit & 1st floor flat fully tenanted
  • Ground floor flat currently vacant.
  • Early inspection highly advised.

Full description

Tenure: Leasehold

Andrew Louis are delighted to offer for sale this mixed use investment property offering a fantastic rental yield on Longmoor Lane, Fazakerley. The property briefly comprises of Retail Unit currently used as a newsagents to the ground floor with kitchen & w/c which has a 15 year lease which commenced in 2016. The shop achieves approx £4,800 per annum.

There is also a ground floor 1 bedroom flat to the rear of the retail unit briefly comprising of Lounge/Diner, fitted kitchen, double bedroom, WC & Shower room. This apartment achieves approx £5,300 per annum

Above the retail unit is a deceptively large 2 bedroom apartment briefly comprising of 2 double bedrooms, bathroom with fitted 3 piece suite & open plan Lounge/ fitted Kitchen. This apartment achieves approx £4,800 per annum.

The combined annual rent for the property is just under £15,000 offering a rental yield of well over 10%.

Viewings via Andrew Louis Estate Agents


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