Eccleston Street, Prescott, L34

An excellent opportunity to acquire a fully redeveloped mixed-use investment in the heart of Prescot town centre.

This striking former HSBC bank has beeen thoughtfully converted to provide a high quality commercial unit on the ground floor, with 8 contemporary residential apartments above.

The ground floor commercial premises is secured on a new 10 year lease, generating an annual rental income of £35,000 pa, with the tenant set to open imminently.

The upper floors comprise 8 x well appointed 2 bedroom apartments, all finished to a high modern standard, appealing strongly to the local rental market.

Each apartment is currently achieving a rental figure in the region of £850-£900 pcm, offering strong and consistent residential income.

The asset delivers a combined income stream with an attractive gross yield of approximately 8% making it an ideal addition to any investor's portfolio.

KEY FEATURES:

. Prominent town centre location.
. Fully refurbished former bank building.
. Ground floor commercial unit let on a 10 year lease (£35,000 pa)
. 8 x modern 2 bedroom residential apartments.
. Residential rents ranging from £850-£900 pcm.
. High specification finish throughout.
. Strong diversified income stream.
. Approximate 8% gross yield.

This is a rare opportunity to secure a turnkey, income-producing asset in an improving and well connected Merseyside location.