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Prescot Road, Liverpool. Commercial investment 12% yield*

Offers in Excess of £300,000

Property Description

Key features

  • Commercial Property fully let and producing 12* yield.
  • Prominent Location
  • Large shop front
  • Income producing investment
  • Potential for residential development STP

Full description

*Commercial Investment opportunity currently fully let producing an excellent 12% yield*.

marshall are pleased to offer for sale this income producing investment opportunity located on Prescot road, a busy thoroughfare and high street. The building comprises of three separate ground floor lock up shops with a gymnasium on the two upper floors. Plans have been drawn up and to convert the upper floors into 9 separate 1 bedroom apartments, with an estimated rental income of £450pcm per apartment, see property photos for drawings. The ground floor shops are currently let by way of lease agreement to separate businesses.
The upper floors are also let.
The total income on the building is circa £42,000 per year. 

Sizes- Ground floor (514), 703 sq ft 65.30 sq m, Ground floor (516-518) 913 sq ft, 86.48 sq m, Ground Floor (520)- 1009 sq ft, 93.70 sq m, First Floor- 1857 sq ft, 172.53 sq m, Second Floors 1939 sq ft, 180.14 sq m. Total, 6421 sq ft, 596.53 sq m



Call our office today to find out more and secure your viewing appointment 0151 7331879
*Yield calculated on purchase price of £350,000. 

Important Notice 
marshallets limited endeavour to make our property particulars accurate and reliable, however, they do not constitute or form part of any offer or contract and are not to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective renters only, and are not precise. If you require clarification or further information on any points, please contact us.

Application Fees 
£150.00 including vat for the first applicant. For each additional applicant there will be an additional charge of £85.00 including vat. If a guarantor is required there will be a charge of £50.00 including vat. For further information on fees please call us or visit the tenants page of our website. www.marshall-property.co.uk/renting before making a decision to proceed with any of our properties.

More information from this agent

Nearest stations

  • Wavertree Technology Park (0.7 mi)
  • Broad Green (1.2 mi)
  • Edge Hill (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

marshall, Liverpool

66 Rodney street, Liverpool, L1 9AF

0151 954 0436 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.

Floorplans


To view this property or request more details, contact:

marshall, Liverpool

66 Rodney street, Liverpool, L1 9AF

0151 954 0436 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

  • Wavertree Technology Park (0.7 mi)
  • Broad Green (1.2 mi)
  • Edge Hill (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

marshall, Liverpool

66 Rodney street, Liverpool, L1 9AF

0151 954 0436 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 6065874. 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 marshall, 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.