• Three storey mixed property
• Ground floor A1 retail
• Upper floors 5 bed HMO
• Currently part tenanted at £9,000PA
• Potential annual income of £30,000
• Freehold title
We are pleased to offer to the market this three storey mixed use property, prominently located along Picton Road, Wavertree, Liverpool. To the ground floor is an A1 retail unit, and to the upper floors is a 5 bed HMO. The property has recently undergone a full refurbishment and is finished to an excellent standard. Currently, two bedrooms are tenanted, generating an annual income of £9,000. The remaining bedrooms and the retail unit are to be sold with vacant possession. When the full property is tenanted, we are advised it can achieve £30,000 per annum.
The property is located in a very popular rental location on Picton Road, Wavertree, which is one of the main arteries into the centre of Liverpool, with the city centre just a 15 minute bus ride away.
GROUND FLOOR A1 retail unit with storage space measuring an NIA of 56.9sqm (sourced from VOA).
Currently, two out of five bedrooms are tenanted on AST terms at £360PCM and £390PCM, combining to a total current income of £9,000PA. The remaining three bedrooms and the retail unit are currently vacant. If the full building is let, it can achieve a rental income of approximately £30,000 per annum.
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
This shop, retail unit to rent is located in Liverpool
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