Aigburth Road, Liverpool, Merseyside, L17

Offers over

£575,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • Freehold mixed-use development opportunity
  • Prime Aigburth Road location
  • Entire building taken back to brick
  • Structural shell secured and made watertight
  • Additional floor added via upward extension
  • Planning consent for three one-bedroom apartments
  • Retail unit with anticipated £20,000 pa rent
  • Residential income forecast at £10,800 pa per apartment
  • Pricing to increase in line with construction progress
  • Available to cash buyers at any stage of development

Description

Mersey Move Commercial Estate Agents are delighted to offer this exceptional, five story, freehold mixed-use development opportunity in a prime Aigburth Road location.

The property has been comprehensively stripped back to brick, with the structural shell fully secured and made watertight. A significant upwards extension has already been completed, creating an additional floor above the ground floor retail unit. Planning consent is in place for the development of three one-bedroom apartments, positioned above the commercial accommodation.

Whilst further development works are required, the most critical structural and enabling works have already been undertaken, substantially reducing development risk. The landlord is willing to sell the property to a cash purchaser at any stage of the build, providing flexibility for buyers to acquire at an earlier point or closer to completion.

As works continue, the guide price will increase in line with progress, reflecting the reduction in risk and the increasing value of the asset.

Upon completion, the ground floor retail unit is expected to command a rent of approximately £20,000 per annum, with each of the three one-bedroom apartments anticipated to achieve circa £10,800 per annum, delivering a strong blended income in excess of £52,000 per annum.

Situated on Aigburth Road, the property benefits from excellent visibility, strong footfall and proximity to affluent residential catchments. This is a rare opportunity to acquire a well-located freehold with income, consent and clear value-add potential.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Floors in building
5
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Aigburth Road, Liverpool, Merseyside, L17

NEAREST STATIONS

National Rail

St. Michaels Station

0.25 miles

National Rail

Brunswick Station

1.1 miles

National Rail

Aigburth Station

1.35 miles

About Mersey Move Commercial Estate Agents, Liverpool

Mersey Move Commercial Estate Agents, Liverpool

Mersey Move Commercial is an independent agency specialising exclusively in the sale of commercial property across Liverpool, the North West and North Wales. Led by a director with over 20 years’ experience in the sector, we provide tailored, proactive marketing and have a strong track record of working with major landlords, investors and developers. We focus purely on commercial sales, from industrial and office to retail, mixed-use and development opportunities, ensuring every property receives maximum exposure to the right audience.”

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Disclaimer - Property reference sale152aigburth. 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 Mersey Move Commercial Estate Agents, 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.