383 - 383a Smithdown Road, Liverpool, Merseyview
Price: Sale Price: £170,000
Size: SOA Primary Category: Investment All Categories:
Investment, Property Ref/Movehut: MH406284 Property Ref/Agent: Ref:509
*Please use the agent ref when calling the agent directly.
Smithdown Road is a hugely popular area just South of the City Centre, leading towards Allerton it is popular with students and a busy retail area of shops. This road is a main arterial road towards the City Centre.
The property consists of a ground floor retail shop with ancillary storage space to the rear and WC.
It occupies a prominent corner position on Smithdown Road. To the upper floors at 383a Smithdown Road there is a flat currently let out to students offering a total of 5 bedrooms chargeable at 50 per week.
The tenants are responsible for all utility bills and rates and therefore a net rent for the entirety of 12,000 p.a.
The shop is let to an e-cigarette retailer who is approximately 17 months unexpired on a 3 year lease commencing in April 2013.
The total rent payable p.a. is 7,800 for the ground floor.
Total income for the building is 19,800 per annum.
The shop premises benefits from electric roller shutters to the front. The residential accommodation is accessed via the side elevation which intersects the shop and the rear store leading up to a stairwell to the first floor.
The accommodation has been measured on a net internal basis and comprises:
Ground Floor Retail
904 sq ft
84.02 sq m
First Floor & Second Floor Flat
EPC for 383 - 383a Smithdown Road, Liverpool, Merseyview
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