Nestled on the vibrant Queens Drive in West Derby, Liverpool, this impressive commercial property offers a unique investment opportunity. Built in 1930, the property spans an expansive 926 square feet and comprises two thriving shops on the ground floor, currently rented out, alongside three well-appointed apartments above, all of which are also tenanted.
The commercial units include a popular Italian pizza takeaway and an established Eastern restaurant and takeaway, both of which contribute to a combined rental income of £48,400 per annum. This steady income stream makes the property an attractive prospect for investors seeking a reliable return.
The three apartments above are not only comfortable living spaces but also feature modern amenities, including solar panels and heat pump heating systems, which have been installed at a significant investment of £35,000 each. This eco-friendly approach not only enhances the living experience for tenants but also aligns with contemporary sustainability practices.
With its prime location and diverse rental options, this property presents a compelling opportunity for those looking to invest in the bustling Liverpool market. Whether you are an experienced investor or new to the property scene, this commercial property on Queens Drive is sure to pique your interest.
