The premises are located fronting Strand Road at its junction with Litherland Road, approximately 2.5 miles North of Liverpool City Centre and in short walking distance West of Bootle Town Centre, the main shopping district. The immediate surrounding area consists of residential housing and mixed use premises with nearby Stanley Road comprising New Strand shopping centre which includes of a number of regional and national multiples including McDonalds, Subway, Santander, Nationwide and The Money Shop to name but a few.
The subject premises comprises a former public house over 2/3 storeys of traditional brick construction consisting of a fully licensed 12 bed HMO and fit out for this purpose. Externally, the premises benefits from UPVC double glazed windows, on road kerbside parking provision and communal terrace.
Measured electronically on web based Ordinance Survey mapping, the site has a total surface area of:
Site Area Approx: 227.7 sq.m (2452 sq.ft)
The premises is let by way of a Full Repairing and Insuring lease from 3 December 2018 for a Term of 5 years at a current passing rent of £33,600 per annum.
A copy of the Lease is available upon request.
We understand that the premises is held Freehold.
The property has an EPC rating of B. Full report available upon request.
£325,000, which would represent a Net Initial Yield of 10% (after deducting purchasers costs at 3.57%)
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd Tel: 0151 207 9339 / Contact:
Tom Pearson (email@example.com)