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Available

New Build At Wavertree Road, Liverpool, Merseyside, L7 1PQ

  • Mixed Use New Build Development
  • Ground Floor Benefiting from A5 Planning Consent
  • Potential Income Approx £70,000 Per Annum
  • In Close Proximity to Liverpool`s Knowledge Quarter & City Centre
  • Ground Floor Commercial Unit Approximate NIA - 121.4sq.m (1,306sq.ft)

Location
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 immediate surrounding area consist of predominately residential/student housing, with national commercial occupiers in close proximity such as Tesco Metro and Taskers Home Store to name but a few. The nearby knowledge quarter sees plans for the 450 acre site to be redeveloped providing space for creative industries such as, science technology, education and health at a cost of £2 billion over the next 5 years.

The Property
The subject property consists of a double fronted ground floor commercial unit benefiting from A5 planning consent within a new build end terrace of traditional brick construction. The upper floors comprise two self contained 4 bedroomed apartments fit to an HMO standard benefiting from kitchen/diner with fully-integrated appliances, shower room, 2 WCs, part carpeted and part laminated flooring throughout and double glazing, currently producing £2,000-£3,000 per month by way of serviced apartments. The ground floor commercial premises is currently fit to a shell state comprising concrete flooring throughout, capped services with a three phase electricity supply and benefits from a substantial basement spanning the entire ground floor with a head height of 5.2 metres. Externally the premises benefits from an aluminium framed frontage with the added security of electric roller shutters.

Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to provide the following approximate areas and dimensions:-

Ground Floor
Net Internal Area: 121.4sq.m (1,306sq.ft)

Basement
Net Internal Area: 102 sq.m. (1,100 sq.ft.)

Tenure
The property is held freehold, and will be sold with a benefit of vacant possession.

Price
£495,000

Rates
Interested parties should make their own enquiry of Liverpool City Council`s Rating Department on 0151 233 3008 or www.voa.gov.uk/business rates.

EPC
A full copy of the EPC is available upon request.

Viewings
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd - Tel: 0151 207 9339 Contact: Tom Pearson (tom.pearson@skrealestate.co.uk)

Listed By:

SK Real Estate
2 Cotton Street,
Liverpool, L3 7DY
Tel: 0151 207 9339
Email: commercial@skrealestate.co.uk

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