{"loaderData":{"0-6":{"propertyListing":{"building":{"id":"760937758344816","summary":"Mixed Use Investment for Sale","archived":false,"description":"LOCATION:
The subject property is located on College Road which is situated approximately 7 miles north of Liverpool City Centre in the suburb of Crosby.

College Road is a popular neighbourhood shopping destination within a larger residential population. The area consists of a mixture of retail to include convenience, leisure, takeaways, hair and beauty, post office, chemist and bars.

Directly adjacent to the property there is Marine Football Club with a pay and display car park. The subject property is located within a retail parade and benefits from strong footfall due to the adjacent car park and being directly opposite the Post Office.

DESCRIPTION:

Retail:
Ground floor retail unit with glazed frontage and roller shutter security
Commercial kitchen with stainless steel fittings and preparation area
Counter/display area
WC, wash area and office space to rear
Rear access to shared service yard
Potential for additional signage (STP)

Residential:
Self-contained residential entrance from College Road
Spacious 3-bedroom duplex maisonette above
Large living room, fitted kitchen and family bathroom
Two front bedrooms with dormer windows
Third bedroom with Velux rooflight
Predominantly UPVC double glazing throughout
Gas-fired central heating system
Separate residential and commercial access
Attractive mixed-use investment opportunity
Shared rear space with opportunity for bike store etc

Ground Floor Tenant:
The ground floor trades as a bakery and is tenanted to Waterfield’s (Leigh) Ltd. They are long established in this location and renewed their previous 10 year lease in 2024.

They currently occupy via a 10 year lease from 10th January 2024 with a tenant option to break at the end of the 5th year subject to 6 months prior notice providing c7.5 years unexpired and 2.5 years until break/review date. There is an upward only rent review effective from 10th January 2029.

The passing rent is £10,500 pa.

Residential - Duplex Maisonette
Offered with vacant possession, the residential accommodation has its own dedicated entrance off College Road and provides completely self-contained accommodation.

A rare 3 bedroom opportunity with potential to rent individual rooms (STP) to young professionals or to a single tenant requiring extra accommodation. With 1,200 sq.ft of accommodation over 2 storeys plus ground floor entrance, it provides extensive space which will be attractive in the local market place.

Historically rented for £900 per calendar month or £10,800 pa there is significant rental growth opportunity.

Estimated Rental Value:
Rent currently received totals £21,300pa.

The revisionary estimated rental value for the ground floor is £14,000pa at rent review.

The maisonette being a large 3-bedroom flat will rent from £1,000 per calendar month or £12,000pa. Alternatively, a multi let managed approach could increase income significantly.

The total ERV is therefore from c£26,000pa.

Please rely on your own enquiries.

ACCOMMODATION:

Shop (NIA)
Retail Zone A: 23.59 sq. m (254 sq. ft)
Rear kitchen/ancillary: 32.53 sq. m (350 sq. ft)
Total: 56.12 sq. m (604 sq. ft)

Residential (GIA)
Ground Floor: Hall – 4.9 sq.m (53 sq.ft)
First Floor: Landing, living room, kitchen and bathroom – 59.6 sq.m ( 641 sq.ft)
Second Floor: Landing, 3 bedrooms 49 sq.m (527 sq. ft)
Total: 113.5 sq.m (1,222 sq.ft)

TERMS:
The premises are available at an asking price of £350,000.
Assuming previous passing rents of £21,300pa this reflects a gross initial yield of 6.1%.
At an ERV of £26,000 it would produce a gross reversionary yield of 7.4%.

RATEABLE VALUE:
All interested parties should rely on their own enquiries with the local authority.

VAT:
All prices, outgoings and rentals quoted are exclusive of VAT, but may be liable at prevailing rate. Further information on request.

LEGAL COSTS:
Unless otherwise stated all parties to bear their own legal costs.

EPC:
The EPC rating for the commercial is B-43.
The EPC rating for the residential is E-51","disclaimer":{"raw":"Disclaimer - Property reference 151CollegeRd. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Keppie Massie Limited, Liverpool. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["Prominent ground floor retail unit","Let long term to a bakery retail chain","Established retail location with strong local footfall","Prominent end terrace","Rental growth opportunity","Large 3 bedroom maisonette above"],"environment":{"epcRating":"B","breeamRating":null,"environmentalDescription":null},"pricing":{"price":350000,"displayQualifier":"NONE","frequency":null,"rentObligation":null},"useClasses":["E"],"tenureType":null,"tenureYearsRemaining":null,"parkingSpaces":0,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":3,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/7339cb912/760937758344816/7339cb912aebbabbc8744569b7a5df63.pdf","description":"Brochure"}],"photos":[{"uri":"property-photo/088932842/760937758344816/08893284258c8cce3caecb1dbfb18cb1.jpeg","description":""},{"uri":"property-photo/f7c54c17e/760937758344816/f7c54c17ef2d679056f346a76fca2cc7.jpeg","description":""},{"uri":"property-photo/7163757db/760937758344816/7163757db55d9b270b8f44bb30227795.jpeg","description":""},{"uri":"property-photo/3fdbd20a8/760937758344816/3fdbd20a883d67ccd0f4bece5dff0f3e.jpeg","description":""},{"uri":"property-photo/f9566c222/760937758344816/f9566c222b0e7c70629c999664c108cd.jpeg","description":""},{"uri":"property-photo/bb268617f/760937758344816/bb268617fe3c7e933f3ca028563cab50.jpeg","description":""},{"uri":"property-photo/8b2a579ab/760937758344816/8b2a579ab8c1818062bd05e01a92bbd7.jpeg","description":""},{"uri":"property-photo/0f9501952/760937758344816/0f95019521cf56eb225452366b97a984.jpeg","description":""},{"uri":"property-photo/9e02a12f7/760937758344816/9e02a12f773fc749d20ea6160dc8448c.jpeg","description":""},{"uri":"property-photo/36818ffb1/760937758344816/36818ffb17b22d703b9f6f3214d87a65.jpeg","description":""}],"floorPlans":[{"uri":"property-floorplan/ed4578d63/760937758344816/ed4578d639edca8860e835040b10ae42.jpeg","description":"Floor Plan"}],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":1826,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"151-151a College Road, Crosby, Liverpool, L23 3AS","showMap":true,"postcode":{"incode":"3AS","outcode":"L23"},"streetView":{"latitude":53.485602,"longitude":-3.032203,"heading":-13.511878,"pitch":0,"zoom":1,"showStreetView":true},"latitude":53.48541,"longitude":-3.03257},"nearestStations":[{"distance":0.3586604851858807,"name":"Blundellsands & Crosby Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":0.7770556351763982,"name":"Waterloo (Merseyside) Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":1.1548775107893499,"name":"Hall Road Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Keppie Massie Limited, Liverpool","email":null,"profileUrl":"/estate-agents/agent/Keppie-Massie-Limited/Liverpool-87583.html","logo":"/partner-logo/11913277-LOGO-1765963190.png","id":87583,"description":"

Keppie Massie were established in 1999. The practice deals with all major aspects of commercial property consultancy including valuation, rating, landlord and tenant advice, regeneration, insolvency advice, acquisition, disposal, agency, development and compulsory purchase.

","telephoneNumber":"0151 453 7311","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/Keppie-Massie-Limited/Liverpool.html?locationIdentifier=BRANCH%5E87583&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":null}],"owner":{"description":null,"name":null},"primaryPropertyClassification":{"propertyClassificationSubType":"MIXED_USE","propertyClassificationType":"OTHER","offices":null,"industrialAndLogistics":null,"leisureAndHospitality":null,"retail":null},"secondaryPropertyClassifications":[],"letType":null,"letContractLength":null,"status":"AVAILABLE","availableDate":null,"serviceCharge":null,"businessRates":null,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":false,"featuredProperty":false,"premiumListing":false,"premiumListingLabel":null},"auction":false,"spaces":[]}}}},"actionData":null,"errors":null}