Guide price
£350,000
(£346.54/sq. ft)
Property for saleLark Lane, Liverpool L17
1,010 sq. ft
EPC Rating: D
Freehold
About this property
Freehold Investment Opportunity
Current Income: £15,400 per annum
Highly Desirable Location
Scope to Regear
Location
The property is situated on the southwesterly side of Lark Lane, in the Aigburth area, approximately 3 miles southeast of Liverpool City Centre. It forms part of a shopping/commercial frontage, which includes a number of restaurants, wine bars and public houses etc. As well as small retail shops along both sides of Lark Lane. Lark Lane is a popular leisure venue with a bohemian atmosphere and a wide variety of restaurants etc. It draws custom from a wide catchment area, as well as from the immediate residential locality.
The Property
The property comprises a two-storey mixed-use building of traditional brick construction beneath a pitched roof, situated within the established Lark Lane retail parade.
The ground floor provides a self-contained commercial unit, currently operating as a sushi and ramen restaurant. The accommodation benefits from a glazed frontage, leading to a well-presented dining area, with a fitted bar/servery and fully equipped kitchen to the rear. The layout is efficient and suited to food and beverage use.
The upper floor comprises a self-contained one-bedroom flat, accessed independently from the front elevation, providing living room, bedroom, kitchen and bathroom. The accommodation benefits from good natural light and offers scope for refurbishment
Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to provide the following approximate Net Internal Area:
Ground Floor: 48.4 sq.m (521 sq.ft)
First Floor: 45.4 sq.m (489 sq.ft)
Tenancy Information
We understand that the ground floor is currently occupied by Zumuku Sushi' for a term 5 years for which we believe as approximately 3 years unexpired at a current passing rent of £8,400 per annum. The 1 bed flat is currently let by way of an Assured Shorthold Tenancy at £583.33 per calendar month
Further details available upon request.
Additional Information
The property benefits from a premises licence to serve alcohol for consumption on and off the premises: Sunday to Thursday from 12:00 to 22:30 and Friday to Saturday from 12:00 to 23:00. Premises Licence No - LA240110.
Tenure
Freehold
EPC
The property has an Energy Performance Rating of B36. A full copy of the EPC is available upon request.
Guide Price
£350,000.
Rates
We understand through internet enquiries that the property has a rateable value of £8,300. Interested parties should make their own enquiry of Liverpool City Council's Rating Department on or .
Viewings
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd Tel: / Contact the Team ()
what3words /// highs.plants.swing
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own research into the working order of these items. All measurements are approximate and photographs provided for guidance only.
The property is situated on the southwesterly side of Lark Lane, in the Aigburth area, approximately 3 miles southeast of Liverpool City Centre. It forms part of a shopping/commercial frontage, which includes a number of restaurants, wine bars and public houses etc. As well as small retail shops along both sides of Lark Lane. Lark Lane is a popular leisure venue with a bohemian atmosphere and a wide variety of restaurants etc. It draws custom from a wide catchment area, as well as from the immediate residential locality.
The Property
The property comprises a two-storey mixed-use building of traditional brick construction beneath a pitched roof, situated within the established Lark Lane retail parade.
The ground floor provides a self-contained commercial unit, currently operating as a sushi and ramen restaurant. The accommodation benefits from a glazed frontage, leading to a well-presented dining area, with a fitted bar/servery and fully equipped kitchen to the rear. The layout is efficient and suited to food and beverage use.
The upper floor comprises a self-contained one-bedroom flat, accessed independently from the front elevation, providing living room, bedroom, kitchen and bathroom. The accommodation benefits from good natural light and offers scope for refurbishment
Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to provide the following approximate Net Internal Area:
Ground Floor: 48.4 sq.m (521 sq.ft)
First Floor: 45.4 sq.m (489 sq.ft)
Tenancy Information
We understand that the ground floor is currently occupied by Zumuku Sushi' for a term 5 years for which we believe as approximately 3 years unexpired at a current passing rent of £8,400 per annum. The 1 bed flat is currently let by way of an Assured Shorthold Tenancy at £583.33 per calendar month
Further details available upon request.
Additional Information
The property benefits from a premises licence to serve alcohol for consumption on and off the premises: Sunday to Thursday from 12:00 to 22:30 and Friday to Saturday from 12:00 to 23:00. Premises Licence No - LA240110.
Tenure
Freehold
EPC
The property has an Energy Performance Rating of B36. A full copy of the EPC is available upon request.
Guide Price
£350,000.
Rates
We understand through internet enquiries that the property has a rateable value of £8,300. Interested parties should make their own enquiry of Liverpool City Council's Rating Department on or .
Viewings
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd Tel: / Contact the Team ()
what3words /// highs.plants.swing
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own research into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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Monthly repayment
£1,750 per month
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