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158–162 Liverpool Road North, Maghull, L31

£825,000

£138.01 per sq ft

Business rates & charges may apply

Fitton Estates, Merseyside/Lancashire
SIZE AVAILABLE

5,978 sq ft

555 sq m

SECTOR

Commercial property for sale

Key features

  • Prominent mixed-use multi-let investment opportunity
  • Established suburban retail parade location
  • Let to a range of local and regional occupiers
  • Diverse income profile with multiple income streams
  • Current passing income of £61,680 per annum
  • Asset management opportunity via vacant first floor accommodation
  • ERV of vacant accommodation: £10,500 per annum
  • Potential fully let income of £72,180 per annum
  • Reversionary and value enhancement potential
  • Attractive initial yield of approximately 7.5% Reversionary yield of approximately 8.75%

Description

The property comprises a terrace of mixed-use accommodation arranged as a series of self-contained ground floor retail units with additional first floor accommodation.

The ground floor units are fully let to a range of established occupiers, providing a diversified and resilient income profile.

The first floor at 158 Liverpool Road is let and income-producing. The first floor accommodation at 160-162 Liverpool Road is currently vacant and offered with vacant possession.

The vacant upper floor has most recently been utilised as a beauty salon/office suite and provides a mixture of open plan and cellular accommodation, together with kitchen and WC facilities.

The space is available to let at £10,500 per annum and may also be suitable for alternative uses or conversion, subject to the necessary planning consents.

Brochures

158–162 Liverpool Road North, Maghull, L31

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Maghull North Station1.1 miles
  • Maghull Station1.2 miles
  • Town Green Station2.3 miles

About Fitton Estates, Merseyside/Lancashire

47 Hoghton Street, Southport, PR9 0PG

Notes

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