£250,000 a N.I.Y of 7.75% allowing 2.75% for end purchasers costs.
33 Crosby Road North, Waterloo, Liverpool, L22 4QB
Description
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.
Details
| Price | £250,000 a N.I.Y of 7.75% allowing 2.75% for end purchasers costs. |
|---|---|
| Category | For Sale |
| Type | Investment |
| Address | 33 Crosby Road North, Waterloo, Liverpool, L22 4QB view on map |
| Tenure | Freehold |
| Brochure | Download Brochure |
All Liverpool
The property is located in a prominent corner position on the A565 in Waterloo, opposite Crosby Gardens a new development of 84 luxury apartments.
Description
1a Fairbairn Road , 2 bed apartment over two floors. (long lease) 1b Fairbairn Road , 2 bed apartment over two floors.(shorthold) Shared Rear Yard
Rooms
| Room | Area (sq m) | Area (sq ft) |
|---|---|---|
| Commercial Unit | 147.7 | 1590 |
EPC Rating
Rating Assessment
| Description | Value |
|---|---|
| Commercial | £15,750 rv |
VAT Statment
All prices and rents quoted are exclusive of vat.
Legal Costs
Each party will bear their own legal costs.
Other Info
1a Fairbairn Road was sold in 2007 for £154,000. The commercial property is let to Brew Coffee and Kitchen Limited with a personal guarantor.Viewing Instructions
Strictly by arrangement with the sole agents:
Sean Seery
Residential / Commercial Management
E: sts@smithandsons.net
T: 0151 647 9272
Latest Tweets
Useful Links
Contact Details
51/52 Hamilton Square
Birkenhead
Wirral
CH41 5BN
Tel: 0151 647 9272
Fax: 0151 666 1336
Email: enquiries@smithandsons.net
