Norfolk Street, Liverpool

£280,000

Size

2,000

Tenure

Leasehold

EPC

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Parking

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Primary use
High street retail
Other use(s)
Traditional office
Frontage
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No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Air conditioning
  • Natural light
  • Open plan
  • Storage space

Key features

  • Attractive £280,000 asking price
  • Estimated rental potential of £37,000 per annum
  • Impressive indicative 13.2% gross yield
  • Two adjoining commercial units under one title
  • Approximately 2,000 sq ft of ground-floor accommodation
  • Long leasehold tenure with circa 244 years remaining
  • *Vacant possession upon completion
  • Two glazed frontages with versatile internal layouts
  • Prime Baltic Triangle location, Liverpool L1
  • Excellent investment or owner-occupier opportunity

Description

Mersey Move Commercial Estate Agents are delighted to present this attractive commercial investment opportunity in the heart of Liverpool’s Baltic Triangle, comprising two adjoining ground-floor units extending to approximately 2,000 sq ft.

Offered at £280,000 with vacant possession, the property has an estimated rental potential of £37,000 per annum, reflecting an impressive 13.2% gross yield. With approximately 244 years remaining on the leasehold title, this represents a compelling acquisition for investors seeking strong income potential in an established Liverpool city-centre location.

The accommodation comprises two distinct commercial units, each extending to approximately 1,000 sq ft and benefiting from its own glazed frontage. One unit features an established retail/showroom fit-out with tiled flooring, fitted displays and a glazed private office, while the adjoining premises offers versatile open-plan accommodation with kitchenette facilities.

This configuration provides flexibility for owner-occupiers requiring complementary commercial spaces, while presenting investors with the potential to explore separate lettings, subject to the necessary consents.

Positioned within Liverpool’s thriving Baltic Triangle, the property benefits from proximity to Jamaica Street, Baltic Market, the waterfront and the wider city centre. The area’s established mix of creative businesses, independent retailers, offices and leisure operators contributes to its appeal across a range of commercial uses.

Both units are held under a single long leasehold title, with vacant possession available upon completion.

Tenure: 250-year lease from 1 January 2021.

Service Charge: Approximately £2,000 per annum.

Estimated Rental Value: £37,000 per annum.

Potential Gross Yield: 13.2%, before costs and subject to achieving the estimated rental income.

Contact Mersey Move Commercial Estate Agents to arrange a viewing or request further information.
Additional information
Service charge
£2,000
Business rates
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Use class
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Listed building
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Leasehold: 250 years left
Tenure
Leasehold
Length of lease
250 years left
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

Norfolk Street, Liverpool

NEAREST STATIONS

National Rail

Liverpool Central Station

0.57 miles

National Rail

Liverpool Lime Street Station

0.76 miles

National Rail

James Street Station

0.78 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 Norfolk. 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.