Aigburth Road, St Michaels, Liverpool
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Tenure
Freehold
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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
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.
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Aigburth Road, St Michaels, 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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