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38-48 Derby Rd
3,810 SF Retail Condo Unit Offered at $756,096 in Huyton L36 9UJ
INVESTMENT HIGHLIGHTS
- High level of passing footfall
- Benefits from close proximity of the intersection of the M62 & M57 motorways
- Established retail location
EXECUTIVE SUMMARY
The property comprises a terrace of retail units with space arranged over three floors. The property is located fronting the pedestrianised Derby Road which is the main retail thoroughfare in the centre of Huyton. Huyton is a popular satellite town in Liverpool lying approximately seven miles due east of the city centre and within two miles of Junction 2 of the M62 Motorway.
PROPERTY FACTS
| Price | $756,096 | Sale Type | Investment |
| Unit Size | 3,810 SF | Building Class | B |
| No. Units | 1 | Floors | 3 |
| Total Building Size | 15,665 SF | Typical Floor Size | 7,524 SF |
| Property Type | Retail (Condo) | Year Built | 1966 |
| Property Subtype | Storefront | Parking Ratio | 0.32/1,000 SF |
| Price | $756,096 |
| Unit Size | 3,810 SF |
| No. Units | 1 |
| Total Building Size | 15,665 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Sale Type | Investment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 7,524 SF |
| Year Built | 1966 |
| Parking Ratio | 0.32/1,000 SF |
1 UNIT AVAILABLE
Unit 42-46
| Unit Size | 3,810 SF | Sale Type | Investment |
| Price | $756,096 | Tenure | Freehold |
| Price Per SF | $198.45 | Cap Rate | 7.93% |
| Condo Use | Retail | NOI | $59,958.41 |
| Unit Size | 3,810 SF |
| Price | $756,096 |
| Price Per SF | $198.45 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.93% |
| NOI | $59,958.41 |
DESCRIPTION
The property comprises 3 ground floor retail units. With ancillary first floor space used as office and storage. To the rear of the property is service areas and parking.
SALE NOTES
£600,000 which equates to a net initial yield of 7.93% after purchase costs of circa 5%.
Interior Photo
Interior Photo
Interior Photo
AMENITIES
- Security System
- Automatic Blinds
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
38-48 Derby Rd
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