The property is located fronting onto Wavertree Road (B5178) close to its junction with Kinglake Street and in close proximity with Edge Lane (A5047), the main arterial route linking the M62 with Liverpool City Centre which is approximately 2 miles west of the subject property.
The property is located fronting onto Hatton Garden within the Eden Square development. The immediate surrounding area comprises a number of regional and national type occupiers such as Tesco and Travelodge with various Liverpool/John Moores University buildings within close...
The subject property comprises a large L-shaped two-storey modern office building with a car parking provision to the rear for approximately 18 vehicles with a section of the site comprising an area of grassed open space.
The premises provides a two storey mid terraced building of traditional brick construction, comprising a full fitted retail unit, currently trading as a bar/restaurant
Freehold investment opportunity currently producing a passing rent of £9,840 per annum, reflecting a Net Initial Yield of 9.67% (after deducting purchasers costs of 1.8%)
Investment opportunity - 12 bed HMO let on a Full Repairing and Insuring Lease for a term of 5 years at a current passing rent of £33,600 per annum reflecting a Net Initial Yield of 10% (after deducting purchasers costs at 3.57%)