Location
The subject property fronts onto the south side of Aigburth Road close to its junction with Dalmeny Street in the Aigburth/Dingle area, approximately 2 miles south east of Liverpool city centre. Aigburth Road forms part of the A561 and is a busy dual carriageway arterial route carrying traffic between the city centre, the south Liverpool suburbs and beyond, towards Speke. The property forms part of a well established commercial parade with the immediate surrounding area a densely populated residential area and in close proximity to the vibrant leisure district of Lark Lane.
The Property
The property consists of a substantial three storey end-terrace building of traditional brick construction currently let in its entirety with a ground floor commercial unit trading as a convenience store with a 5 bed & 6 bed HMO to the upper floors. The ground floor provides a predominantly open plan layout with a main retail sales area, with access to a rear staircase leading to basement storage. The HMOs are accessed via a self contained entrance fronting Dalmeny Street benefiting from good specification with laminated flooring throughout, fully tiled bathrooms, spot lighting and gas central heating. Externally, the property benefits from an aluminium framed single glazed retail frontage, the added security of electric roller shutters whilst the upper floors comprise double glazed UPVC windows.
Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) and International Property Measurements Standards (IPMS) to provide the following approximate Net Internal Areas:
Basement: 45.9 sq.m (494 sq.ft).
Ground Floor: 43.4 sq.m (468 sq.ft)
166a (5 bed HMO): 124.4 sq.m (1,339 sq.ft)
166b (6 bed HMO): 138.9 sq.m (1,495 sq.ft)
Tenancy Information
We understand that the ground floor is currently let by a local occupier, on a Full Repairing and Insuring Lease for a Term of 7 years from 1st November 2024 at a current passing rent of £15,600 per annum.
We understand there is a management agreement in place for the HMOs for a term of 5 years from 18th October 2021 at a fee of £32,400 per annum.
Further details available upon request.
Tenure
We understand the property is held Freehold.
EPC
A full copy of the EPC is available upon request.
Rates
We understand through internet enquiries that the property has a rateable value of £3,900.
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
£650,000
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)
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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.
Council Tax
Liverpool City Council,
Utilities
Electric: Unknown
Gas: Unknown
Water: Unknown
Sewerage: Unknown
Broadband: Unknown
Telephone: Unknown
Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No