12 Mill Ln 1,506 SF Retail Building Liverpool L12 7JB £175,000 (£116.20/SF)
INVESTMENT HIGHLIGHTS
- Situated in West Derby Village, fronting Mill Lane, the main road serving the immediate area.
- The immediate area comprises a range of retail and leisure units fronting Mill Lane, with residential accommodation immediately behind.
- The property is located 1/2 mile (0.8 km) east of the junction with Mill Lane and Queens Drive (A5058)
EXECUTIVE SUMMARY
The property is let to Ladbrokes Limited, by means of a fully repairing and insuring Lease which expires on the 29th August 2025. Present asking rent is £11,250 per annum exclusive. The rent review from August 2020 is still outstanding.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,506 SF
Building Class
B
Year Built
1952
Price
£175,000
Price Per SF
£116.20
Tenancy
Single
Number of Floors
2
Building FAR
0.62
Lot Size
0.06 AC
Frontage
30 ft on Mill Lane
AMENITIES
- 24 Hour Access
1 of 1
NEARBY MAJOR RETAILERS
