Description

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.

Details

Price Asking Price £100,000
Category For Sale
Type Industrial, Investment
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)
Brochure Download Brochure

Liverpool

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.

Rooms

Room Area (sq m) Area (sq ft)
From the VOA website 230.68 2483

Viewing Instructions

Strictly by arrangement with the sole agents:

Sean Seery
Residential / Commercial Management

E: sts@smithandsons.net
T: 0151 647 9272

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