£300,000
Retail premises for saleEccleston Street, Prescot L34
Freehold
About this property
Investment opportunity
Mixed use property over 3 floors.
Shop and 2 Flats
Income £2,430 pcm - £29,160 pa
Attractive yield just of 9%
Large area of land to rear included
Great location in heart of town
One to view.
Detailed Description
Fabulous opportunity to purchase this mixed use property arranged over 3 floors, providing an attractive yield of just over 9%.
Ground floor shop is 64 sqm and rented to a vape business, who have been trading there for around 15 years. The tenant has just signed a new 5 year lease for £980 pcm.
First floor 2 bedroom flat is 69 sqm and rented for £750 pcm.
Second floor 2 bedroom flat is 63sqm and rented for £700 pcm.
An added bonus of a large area of land at the rear, which is included in the sale, and has development potential.
Total rent is £2,430 pcm and £29,160 pa.
The property affronts Eccleston Street, which is a pedestrianised road in the heart of the town, with lots of independent bars and restaurants. There is plenty of investment in the area over the past 5 years including the Shakespeare North Theatre. There is also an independent arthouse cinema which is due to open this year.
Definitely one to view!
Fabulous opportunity to purchase this mixed use property arranged over 3 floors, providing an attractive yield of just over 9%.
Ground floor shop is 64 sqm and rented to a vape business, who have been trading there for around 15 years. The tenant has just signed a new 5 year lease for £980 pcm.
First floor 2 bedroom flat is 69 sqm and rented for £750 pcm.
Second floor 2 bedroom flat is 63sqm and rented for £700 pcm.
An added bonus of a large area of land at the rear, which is included in the sale, and has development potential.
Total rent is £2,430 pcm and £29,160 pa.
The property affronts Eccleston Street, which is a pedestrianised road in the heart of the town, with lots of independent bars and restaurants. There is plenty of investment in the area over the past 5 years including the Shakespeare North Theatre. There is also an independent arthouse cinema which is due to open this year.
Definitely one to view!