Rice Lane, Liverpool, L9

Commercial Unit Under offer

£140,000 (£32,308PW)

Rice Lane, Liverpool, L9

Commercial Unit Under offer

£140,000 (£32,308PW)

Description

LPS has a mixed use investment opportunity on the popular Rice Lane in Walton, Liverpool with an impressive 8.57% yield. It comprises of a ground floor shop and a 2 bed apartment above. The area receives plenty of footfall from local and passing trade and there are plenty of other amenities within the area.

The store is currently occupied by a popular and eye-catching cafe / takeaway which consists of a spacious waiting area for customers, a good sized counter, food preparation areas and cooking stations plus a generous storage area. 

The separate living space on the first floor currently has two bedrooms but has the potential to be converted into a three bedroom apartment. It also benefits from a spacious living room, a kitchen and a bathroom. The apartment can be accessed through the rear of the property. A video tour of the living space is available to watch.

The commercial and residential units are rented at £6K pa each giving a total rent income of £12k pa and an 8.57% yield. The property is to be sold freehold with existing residential and commercial tenants to remain in situ.

This is a busy area with plenty of other shops and amenities, including a Sainsburys and an Aldi, which is great for ensuring footfall and attracting tenants to both the commercial and residential units. The property is also on the main bus route into the city centre which is just under 20 minutes away and Orrell Park Train station is a short walk away.

This is a fantastic investment opportunity and we advise you get in touch to arrange a viewing as quickly as possible to avoid disappointment.


N/A

Features
Ready Made Investment, Excellent Rental Area, Commercial & Residential, Fully occupied, Excellent transport links, Investors!, Potential for capital growth, Ready-to-go Investment Opportunity, High Footfall
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Schools nearby

Primary

0.21 miles
Northcote Primary School

Other

0.29 miles
Liverpool Progressive School

Primary

0.36 miles
Rice Lane Junior School

Primary

0.39 miles
Rice Lane Infant and Nursery School

Secondary

0.49 miles
Alsop High School Technology & Applied Learning Specialist College

Primary

0.53 miles
St Monica's Catholic Primary School

Secondary

0.58 miles
Hillside High School

Primary

0.68 miles
Blessed Sacrament Catholic Junior School

Secondary

0.68 miles
Archbishop Beck Catholic Sports College

Primary

0.70 miles
Blessed Sacrament Catholic Infant School

Primary

0.79 miles
St Francis de Sales Catholic Infant and Nursery School

Primary

0.82 miles
Bedford Primary School

Primary

0.82 miles
Arnot St Mary CofE Primary School

Primary

0.87 miles
Christ Church Church of England Controlled Primary School

Primary

0.87 miles
St Francis de Sales Catholic Junior School

Nursery

0.87 miles
Cambridge Nursery School

Primary

0.89 miles
Longmoor Community Primary School

Primary

0.97 miles
Florence Melly Community Primary School

Secondary

1.00 miles
The Hawthorne's Free School

Primary

1.00 miles
Gwladys Street Primary and Nursery School

Nursery

1.06 miles
Greenacre Community Nursery School

Primary

1.12 miles
Springwell Park Community Primary School

Primary

1.16 miles
Linacre Primary School

College

1.20 miles
Hugh Baird College

Primary

1.27 miles
Leamington Community Primary School

Primary

1.32 miles
St Robert Bellarmine Catholic Primary School

Primary

1.36 miles
All Saints Catholic Primary School

Primary

1.38 miles
Lander Road Primary School

Primary

1.38 miles
St Elizabeth's Catholic Primary School

Primary

1.39 miles
Thomas Gray Primary School
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TRANSPORT nearby

Walton, adj Yew Tree Road

Bus

Distance: 0.09 miles

Walton, adj Fazakerley Road

Bus

Distance: 0.10 miles

Walton, opp Sainsburys (Stop D)

Bus

Distance: 0.11 miles

Walton, opp Sainsburys (Stop C)

Bus

Distance: 0.12 miles

Walton, Sainsburys (Stop A)

Bus

Distance: 0.13 miles

Walton, Sainsburys (Stop B)

Bus

Distance: 0.14 miles

Walton, adj Genista Close

Bus

Distance: 0.18 miles

Walton, adj Stonefont Close

Bus

Distance: 0.21 miles

Walton, o/s Northcote Primary School

Bus

Distance: 0.21 miles

Walton (Merseyside) Rail Station

Train

Distance: 0.22 miles

Walton, adj Glaslyn Way

Bus

Distance: 0.22 miles

Orrell Park, Rice Lane Rail Station

Train

Distance: 0.29 miles

Orrell Park Rail Station

Train

Distance: 0.58 miles

Kirkdale Rail Station

Train

Distance: 1.15 miles

Bootle New Strand Rail Station

Train

Distance: 1.31 miles

Bootle Oriel Road Rail Station

Train

Distance: 1.43 miles

Aintree Rail Station

Train

Distance: 1.43 miles

Kirkdale, Bank Hall Rail Station

Train

Distance: 1.50 miles

Fazakerley Rail Station

Train

Distance: 1.52 miles

Seaforth & Litherland Rail Station

Train

Distance: 1.96 miles