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92, 92a, 92b, 92c & 94 South Road, Waterloo, Waterloo, L22

£695,000

£123.97 per sq ft

Business rates & charges may apply

Fitton Estates, Merseyside/Lancashire
SIZE AVAILABLE

5,606 sq ft

521 sq m

SECTOR

Commercial property for sale

Key features

  • Attractive freehold mixed-use investment in a prime and established Waterloo location.
  • Comprising two ground floor commercial units, a self-contained dance studio, 1 one-bedroom & 2 two bedroom residential apartments.
  • Part let, producing secure income with scope for further uplift through letting of vacant flats.
  • Prominent position on South Road, a busy commercial thoroughfare close to transport links, amenities, and parking.
  • Sustainable and diverse tenant mix of retail, leisure, and residential occupiers.
  • Total current rent: £48,200 per annum (Estimated when fully let - £63,200 / £63,800 pax) - Estimated Fully Let Gross Yield approx. 9.1% - 9.2%
  • Freehold investment with strong demand and proven local occupancy levels.

Description

The property comprises an attractive and substantial three-storey mixed-use investment, constructed of traditional brick beneath a pitched slate roof, arranged to provide two ground floor commercial units, a self contained first-floor dance studio, and three self-contained one-bedroom apartments to the upper levels.

At ground floor level, 92 South Road is occupied by Luxe Noir Hair & Beauty, a well-established salon offering professional hair and beauty services. The property benefits from a modern glazed frontage providing excellent visibility, with an interior comprising a reception and waiting area, open-plan salon with multiple stylist stations, and a dedicated wash area finished to a high contemporary standard.

Adjoining, 94 South Road is occupied by SMP Fruit Suppliers Ltd, trading as Pineapple - The Juice Station, a popular local retailer specialising in fresh produce, juices, and health foods. The unit enjoys a double-fronted glazed elevation, providing strong street presence and natural light, with a bright open-plan trading space, fitted shelving, display refrigeration, and ancillary preparation area to the rear.

The first floor is occupied by En Pointe Dance Studio, a well-regarded local business providing dance and fitness classes. The studio comprises a large open-plan space with mirrored walls, perimeter ballet barres, and decorative ceiling cornices, offering both period charm and functionality. The accommodation includes ancillary WC and storage facilities and benefits from excellent natural light.

The upper floors provide three self-contained apartments (92A, 92B, and 92C), each accessed independently with separate utility connections. Flat 92A, located to the rear of the first floor, comprises an open-plan living kitchen, one double bedroom, and bathroom, and is currently let on an AST. Flats 92B and 92C are vacant, offering modern two-bedroom accommodation finished to a high standard. Flat 92C occupies the top floor and benefits from an elevated outlook and recent refurbishment.

Externally, the property occupies a prominent frontage within a strong trading parade surrounded by established occupiers. The building presents in good overall condition and offers a balanced income profile with scope for income enhancement through residential re-letting.

Brochures

92, 92a, 92b, 92c & 94 South Road, Waterloo, Waterloo, L22

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Waterloo (Merseyside) Station0.0 miles
  • Seaforth & Litherland Station1.1 miles
  • Blundellsands & Crosby Station1.1 miles

About Fitton Estates, Merseyside/Lancashire

47 Hoghton Street, Southport, PR9 0PG

Notes

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