05/21/2019 - 14:31
Asking Price £100,000
163 Prescot Road, Liverpool, L7 0LD
This investment property is let to Mr N Thomas t/a Lowcost Car Repairs, the lease was for a term of five years from 1st February 2012 and the rental is £19,200 per annum, the tenant is holding over. This.provides an attractive gross initial yield of 19.2% on the asking price of £100,000.
|Price||Asking Price £100,000|
|Address||163 Prescot Road, Liverpool, L7 0LD view on map|
|Tenure||The property is held on a long lease for a term of 125 years from 29th September 2004. There is a ground rent payable of £520 per annum.|
|Area||230.68 sq.m (2,483 sq.ft)|
The property is located in Fairfield a suburb of Liverpool. Prescot Road is one of the main arterial routes linking the City Centre to the M62 and national motorway network.
|Room||Area (sq m)||Area (sq ft)|
|From the VOA website||230.68||2483|
All prices and rents are exclusive of VAT if applicable.
Strictly by arrangement with the sole agents:
Residential / Commercial Management
T: 0151 647 9272