Chain-free investment with three tenanted flats and large ground-floor commercial space.
Freehold mixed-use building with 1,192 sq ft internal area
This freehold mixed-use building on Warbreck Moor offers a clear income stream and flexible commercial space in Orrell Park, Liverpool. Three modern, tenanted apartments produce a combined income of £13,140 per year, while the ground floor provides generous retail, workshop and office areas with direct rear access for deliveries.
The ground floor layout includes a large shop front, two workshop areas, an office and rear double doors for vehicle unloading. Features that protect and add utility include electric shutters front and rear, fitted shelving, basic kitchen fittings and internet/telephone points in the office. The site footprint is small but the overall internal area is substantial at about 1,192 sq ft.
Key investor considerations: the property is chain free and freehold, in a major conurbation with good transport links, fast broadband and low crime. However the immediate area is classified as very deprived, and some commercial areas show wear and will require maintenance or updating. EPC ratings for both the residential and commercial elements are currently TBC.
Tenanted apartments are an advantage for steady yield but limit vacant possession options. Rents are modest (two apartments at £385 pcm, one studio at £325 pcm) so future rental growth or reconfiguration may be needed to increase returns. Council tax bands for the apartments are A and local services and amenities are readily available nearby.
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