£250,000 a N.I.Y of 7.75% allowing 2.75% for end purchasers costs.
33 Crosby Road North, Waterloo, Liverpool, L22 4QB
A mixed use property investment comprising a ground floor cafe let for a term of 10 years from 1st March 2019 at an annual rental of £15,000 with a rent review and tenant break after 5 years. On the upper floors are two apartments one let on a shorthold tenancy for 12 months at £400 per month, the other was sold off on a 125 year lease from 2007 with a ground rent of £100 p.a.
|Price||£250,000 a N.I.Y of 7.75% allowing 2.75% for end purchasers costs.|
|Address||33 Crosby Road North, Waterloo, Liverpool, L22 4QB view on map|
The property is located in a prominent corner position on the A565 in Waterloo, opposite Crosby Gardens a development of 84 luxury apartments currently under construction.
1a Fairbairn Road , 2 bed apartment over two floors. (long lease) 1b Fairbairn Road , 2 bed apartment over two floors.(shorthold) Shared Rear Yard
|Room||Area (sq m)||Area (sq ft)|
All prices and rents quoted are exclusive of vat.
Each party will bear their own legal costs.
Other Info1a Fairbairn Road was sold in 2007 for £154,000. The commercial property is let to Brew Coffee and Kitchen Limited with a personal guarantor.
Strictly by arrangement with the sole agents:
Residential / Commercial Management
T: 0151 647 9272