Aigburth Road, St Michaels, Liverpool

£240,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Mixed use
Other use(s)
High street retail

No floor / site plan

Key features

  • Mixed-use freehold investment
  • £21,300 per annum total income
  • Approximately 8.9% gross yield
  • Established ground-floor barber shop
  • 6-year commercial lease in place
  • No commercial tenant break clause
  • Rent review at the end of year three to open market value
  • Commercial rent of £9,300 per annum
  • Three-bedroom residential flat producing £12,000 per annum
  • Prominent position on Aigburth Road, South Liverpool

Description

Mersey Move Commercial Estate Agents are pleased to bring to market this well-positioned mixed-use freehold investment on Aigburth Road, Liverpool.

The property comprises an established ground-floor barber shop together with a substantial self-contained three-bedroom residential flat arranged over three levels.

The commercial premises provide a prominent glazed frontage directly onto Aigburth Road, with a spacious open-plan trading area, rear ancillary accommodation and WC facilities.

The barber shop is held on a 6-year lease at £9,300 per annum, with no break clause and a rent review at the end of year three to open market value, providing an investor with a defined medium-term commercial income stream.

The residential element produces a further £12,000 per annum and comprises three bedrooms, a separate lounge, fitted kitchen and bathroom. The accommodation is arranged over three levels, with the kitchen positioned at ground-floor level to the rear of the commercial premises and the remaining accommodation across the first and second floors.

Total current income is therefore £21,300 per annum, representing a gross yield of approximately 8.9% at the guide price.

Occupying a prominent position on one of South Liverpool's principal arterial routes, the property benefits from a substantial surrounding residential population together with an established mix of independent businesses and amenities.

The combination of commercial and residential income within a single freehold, together with the security of a six-year commercial lease, makes this an attractive proposition for investors seeking a diversified mixed-use asset in a well-established South Liverpool location.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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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

Aigburth Road, St Michaels, Liverpool

NEAREST STATIONS

National Rail

St. Michaels Station

0.32 miles

National Rail

Brunswick Station

0.93 miles

National Rail

Aigburth Station

1.55 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 groomaigburth. 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.