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Salisbury Farm 29 Woolton St 3,767 sq ft 100% Let Retail Property Liverpool L25 5NH £925,000 (£245.55/sq ft) 3.27% Net Initial Yield


INVESTMENT HIGHLIGHTS
- Substantial Site in the Heart of Woolton Village
- commercial Investment with Partially Complete Residential Conversion
- Highly Desirable Location
EXECUTIVE SUMMARY
The property consists of a Grade II listed former farm buildings understood to date back to the late 1800s with cobbled yard to the rear with outbuildings and comprising a two storey end terraced building of traditional brick construction under a slate roof. The ground floor comprises a small retail unit currently occupied by a local Cheese maker. The front elevation has a retail display style, single glazed, timer framed hard frontage with a proportion recessed back from the pavement. Internally, the ground floor benefits from a predominantly open plan retail sales area providing ancillary storage and office provision to the rear. The remainder of the ground floor and the first floor comprises self-contained residential provision comprising 3 x 1 bed apartments albeit the redevelopment is part complete (circa 70%) almost at 2nd fix phase with walls partially skimmed awaiting finishes and with bathroom suites and kitchen yet to be installed. The outbuildings` comprise two further Tenants; The Village Joinery` and a farm shop selling local produce and fit out for their purpose
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
3,767 sq ft
Costar Property Class
C
Year Built
1900
Price
£925,000
Price per sq ft
£245.55
Yield
3.27%
NOI
£30,290
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Floor To Floor Height
9 ft
Plot ratio
0.25
Total Plot Size
0.34 ac
Frontage
33 ft on Woolton Street
AMENITIES
- Corner Lot
- Signage
- Signalised Intersection
- Vintage Building
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NEARBY MAJOR RETAILERS
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Salisbury Farm | 29 Woolton St
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