Location
The subject properties are located above Bleasdale Shopping Centre, which occupies a prominent corner position at the junction of Ormskirk Road (A59) and Oundle Drive in Aintree, approximately 6 miles northeast of Liverpool City Centre. Liverpool is one of the North West's principal commercial centres and is situated around 35 miles west of Manchester, benefiting from excellent road connections via the M58 and M62 motorways, both of which link directly to the wider M6 motorway network.
The properties are well served by public transport, with Old Roan Railway Station positioned directly opposite, providing regular Merseyrail services to Liverpool Central in approximately 20 minutes, as well as connections towards Ormskirk.
The surrounding area is an established retail and leisure destination, with a strong mix of national and independent occupiers nearby including Tesco Express, Domino's Pizza, Sports Direct and Everlast Gyms. Aintree Shopping Park is located within a short walking distance and includes a number of well-known retailers such as B&Q, Marks & Spencer, Boots, Greggs, Halfords, DFS, Pets at Home and Next.
Description
The property comprises 4 x generously sized apartments situated above a retail shopping parade, with access provided to the rear of the parade. The accommodation consists of 2 x 2-bedroom apartments and 2 x 3-bedroom apartments, all arranged over two floors. Each apartment offers a fitted kitchen, bathroom and notably large living room, with the bedrooms positioned on the second floor to provide a practical separation between living and sleeping areas.
Although finished to a basic standard throughout, the apartments benefit from spacious layouts and well-proportioned rooms, presenting an excellent investment or rental opportunity.
Apartments 1A, 3A and 5A Altway are currently occupied. Apartment 134A Altway is currently vacant and undergoing minor refurbishments. The apartments, when fully let, would produce a gross rental income of £33,500 per annum, which reflects an Estimated Rental Value Gross Initial Yield of 10.14% and an Estimated Rental Value Net Initial Yield of 7.9%, assuming Purchaser's Costs at 1.8% and Stamp Duty Land Tax at £26,000.
The apartments are to be sold long leasehold on 250 year long leases.
Services
The mains services connected to the property include water, gas, electricity supply and of course, mains drainage. Please note that Turner Westwell Commercial have not tested any of the service installations or appliances connected to the property.
Sale Price & VAT
Offers in the Region £300,000, or Offers in Excess of £75,000 per flat.
VAT is not applicable.
Service Charge & Insurance
1A Altway - £1,684 per annum
3A Altway - £1,848 per annum
5A Altway - £1,971 per annum
134A Ormskirk Road - £1,889 per annum
To be reviewed annually.
Council Tax
The premises have the following Council Tax rating and charges for the 2026/2027 Financial Year.
1A Altway - Band A - £1,768.96 per annum
3A Altway - Band A - £1,768.96 per annum
5A Altway - Band A - £1,768.96 per annum
134A Ormskirk Road - Band A - £1,768.96 per annum
Anti-Money Laundering (AML)
In accordance with the Criminal Finances Act 2017 and the regulations set by HMRC and RICS, Turner Westwell Commercial Agents must perform AML due diligence for all clients, as well as for buyers and tenants involved in any transaction. This means we will need to gather personal, detailed financial and corporate information before we can finalise any transaction.
Legal Costs
Each party are responsible for their own legal costs involved in the transaction.
EPC
The premises have the following Energy Performance Certificates: -
1A Altway - C(70) - valid until - valid until 18th March 2031
3A Altway - C(70) - valid until - valid until 11th April 2031
5A Altway - C(71) - valid until - valid until 11th April 2031
134A Ormskirk Road - C(69) - valid until 11th April 2031
Viewings
Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.