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Lot 9 - Wednesday 14th December 2016106-108 Mill Lane, Old Swan, Liverpool, Merseyside, L13 4AH

SOLD £115,000

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INVESTMENT





WHY BUY?



Currently producing £11,700pa

Offices & 2 bedroom flat

Established commercial tenant

Good rental location



DESCRIPTION

The commercial unit (106 Mill Lane) is approx 50 sq.m (550 sq.ft) internally and consists of a main office room which is situated at the front of the building and is accessed through the front door, second office space is used as a meeting room, kitchenette/dining room and staff wc. There is a large yard to the rear giving the potential to extend, subject to necessary consents. Currently let to Ceramtek who have been in situ for 2 years at £500pcm/£6,000pa, now on a rolling FR&I contract. The property benefits from the added security of electric roller shutters. The flat (108 Mill Lane) is accessed directly from private Mill Lane entrance with stairs to the first floor. The flat is in good order throughout and benefits from Double glazing and central heating. Currently tenanted on an AST at £475pcm/£5,700pa holding over.



LOCATION

The property is situated fronting Mill Lane close to the junction with Binns Road approximately 4 miles east of Liverpool City Centre





ACCOMMODATION



Ground Floor:  Main Office, meeting room, kitchenette/dining room, WC

First Floor:  Hallway, Living room, 2 bedrooms, kitchen, bathroom

Stamp Duty Calculator

You will pay
£3,000
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

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