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37-47 Shaw St 7,750 sq ft Office Property Liverpool L6 1HL £550,000 (£70.97/sq ft) 8.67% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Located within an established commercial location
- On-site parking
- Quick access to local transport network
EXECUTIVE SUMMARY
The property comprises an end of terrace incorporating ground and basement and is formed within an impressive Georgian terrace. The property formed part of a comprehensive renovation/refurbishment of the entire terrace 22 years ago.
The space is currently let to Mersey Design Group how have committed to a reversionary lease until January 2030 and has passing rental of £50,000 per annum exclusive.
The space is currently let to Mersey Design Group how have committed to a reversionary lease until January 2030 and has passing rental of £50,000 per annum exclusive.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Property Subtype
Office / Residential
Property Size
7,750 sq ft
Costar Property Class
B
Year Built
1830
Price
£550,000
Price per sq ft
£70.97
Yield
8.67%
NOI
£47,685
Tenancy
Single
Number of Floors
1
Typical Floor Size
3,773 sq ft
AMENITIES
- Storage Space
1 1
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37-47 Shaw St
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