£300,000

Retail premises for sale

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Offers in region of

£300,000

(£568.79/sq. ft)

Retail premises for sale

Smithdown Road, Liverpool L15

527 sq. ft

Local area information

Property location

Nearby amenities

  • Greenbank Primary School 0.2 miles
  • The Blue Coat School 0.3 miles
  • Mossley Hill 0.8 miles
  • Wavertree Technology Park 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Excellent mixed use investment opportunity.
  • Ground floor to be vacant providing fully fitted established hairdressing salon
  • Suit other uses.
  • First and second floor student accommodation let for 2023/24 term.
  • Popular Commercial parade. Benefiting from street car parking.
  • Well established student / young professional densely populated area.
Location

The property is located close to the junction of Russell Road and directly opposite Earls Field Road, close to the railway line bridge in a central position on Smithdown Road which forms a main arterial route leading to Liverpool City Centre and South Liverpool.

Smithdown Road provides a busy thoroughfare in a densely populated residential area with a strong student population with various local, regional and national multiples in close proximity including Lemon Grass Thai Restaurant, Purple Parrot Health Food, Liver Laundrette, York and Young bathroom supplier, along with a number of other local and some regional occupiers within this well-established location. The property is also located close to Tesco parade, Wavertree Bowling Green and a short drive to Liverpool Hope University, Sefton Park and walking distance to Greenbank and Penny Lane recreational parks.

Smithdown Road provides consistent foot-flow from residents, students as the road provides a wealth of commercial occupiers and is approximately 3.5 miles from Liverpool City Centre.
Description

The property provides a three-storey mid-terraced property benefitting from a double fronted full height glazed shop frontage with upper floor double glazed windows and traditional red brick elevations. The student accommodation may be accessed from both self-contained entrances off Smithdown Road or from the rear yard. The shop has been trading for more than 20 years as a hairdressing salon and the upper floors provide HMO for four-bedroomed accommodations with lounge, kitchen and bathroom. There is scope to add a further bathroom/ensuite and there is also a laundry area to the rear ground floor towards the exit to the rear yard.
Price

We are seeking offers in the region of

£300,000

for the freehold interest with ground floor vacant possession and first and second floor letting to students with an approximate gross rental income of

£18,000 per annum

before any utility deductions. Renewed for the term of 2023/24

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

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Property descriptions and related information displayed on this page are marketing materials provided by - JO Real Estate Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact JO Real Estate Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Merseyside
  4. Liverpool
  5. Smithdown Road

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