£1,500,000
The Property Centre
Eccleston Street, Prescott, L34 5QF
Property key facts
Bedrooms
StudioBathrooms
—Internal area
—Property type
OtherYear built
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Key facts
- Mixed Use Investment Opportunity
- High quality unit on ground floor
- 8 contemporary 2 bed apartments above
- Turnkey operation
- Attractive 8% yield
- Prominent town centre location
- Former HSBC bank
- High Specifiction throughout
Property description
Additional text is available below.
An excellent opportunity to acquire a fully redeveloped mixed-use investment in the heart of Prescot town centre.
This striking former HSBC bank has beeen thoughtfully converted to provide a high quality commercial unit on the ground floor, with 8 contemporary residential apartments above.
The ground floor commercial premises is secured on a new 10 year lease, generating an annual rental income of £35,000 pa, with the tenant set to open imminently.
The upper floors comprise 8 x well appointed 2 bedroom apartments, all finished to a high modern standard, appealing strongly to the local rental market.
Each apartment is currently achieving a rental figure in the region of £850-£900 pcm, offering strong and consistent residential income.
The asset delivers a combined income stream with an attractive gross yield of approximately 8% making it an ideal addition to any investor's portfolio.
KEY FEATURES:
. Prominent town centre location.
. Fully refurbished former bank building.
. Ground floor commercial unit let on a 10 year lease (£35,000 pa)
. 8 x modern 2 bedroom residential apartments.
. Residential rents ranging from £850-£900 pcm.
. High specification finish throughout.
. Strong diversified income stream.
. Approximate 8% gross yield.
This is a rare opportunity to secure a turnkey, income-producing asset in an improving and well connected Merseyside location.
This striking former HSBC bank has beeen thoughtfully converted to provide a high quality commercial unit on the ground floor, with 8 contemporary residential apartments above.
The ground floor commercial premises is secured on a new 10 year lease, generating an annual rental income of £35,000 pa, with the tenant set to open imminently.
The upper floors comprise 8 x well appointed 2 bedroom apartments, all finished to a high modern standard, appealing strongly to the local rental market.
Each apartment is currently achieving a rental figure in the region of £850-£900 pcm, offering strong and consistent residential income.
The asset delivers a combined income stream with an attractive gross yield of approximately 8% making it an ideal addition to any investor's portfolio.
KEY FEATURES:
. Prominent town centre location.
. Fully refurbished former bank building.
. Ground floor commercial unit let on a 10 year lease (£35,000 pa)
. 8 x modern 2 bedroom residential apartments.
. Residential rents ranging from £850-£900 pcm.
. High specification finish throughout.
. Strong diversified income stream.
. Approximate 8% gross yield.
This is a rare opportunity to secure a turnkey, income-producing asset in an improving and well connected Merseyside location.
Brochures
No information available. Please contact the agent for details.
Property Location
Eccleston Street, Prescott, L34 5QF
Nearest stations
Nearest schools
Utility supply
Electricity
—Water
—Heating
—Sewerage
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