Location
The property is located on Woodend Avenue within a well established commercial neighbourhood shopping district in Hunts Cross. Hunts Cross is located within South Liverpool and is approximately 9 miles south west of Liverpool City Centre. The property is prominently situated close to the main arterial traffic junction of Hillfoot Road (A562) and Woodend Avenue. The property connects to Speke Boulevard (A565) which provides one of the main arterial routes in to Liverpool City Centre to South Liverpool. The property also benefits from excellent transport links to Junction 1 of the M57 and Junction 6 of the M62 motorway network.
The Property
The subject property comprises a ground floor commercial unit within a two storey mid terrace of traditional brick construction occupied by a commercial Tenant operating a beauty business and fit out for this purpose. Internally the premises benefits from laminate flooring throughout, suspended ceiling incorporating recessed fluorescent strip lighting, electric storage heaters and WC provision. Externally the property benefits from double gazed aluminium framed frontage with the added security of electric roller shutters and kerbside parking provision.
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:
Net Internal Area:
31.3 sq.m. (337 sq.ft.)
Tenure
The premises are held by way of a long leasehold interest for the residue term of 999 years from 1936 with a peppercorn ground rent.
Tenancy Information
We understand that the property is currently let to a Trudie Housley of Waxed in Woolton, on an effectively Full Repairing and Insuring Lease for a Term of 5 years from August 2021, with a break option on the 2nd Anniversary of the Lease Term at a current passing rent of £7,000 per annum.
Further details available upon request.
EPC
Full report available upon request.
Rates
Interested parties should make their own enquiry of Liverpool City Council`s Rating Department on 0151 233 3008 or www.voa.gov.uk/businessrates.
Price
£65,000, reflecting a Net Initial Yield of 10.5% (after deducting purchasers costs of 1.8%).
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)
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own research into the working order of these items. All measurements are approximate and photographs provided for guidance only.
