EXCELLENT INVESTMENT OPPORTUNITY! Onyx Real Estate Liverpool are delighted to offer to market this excellent city centre investment opportunity, a mixed use commercial building situated in the heart of the city centre on Renshaw Street. The property comprises of a ground floor commercial unit currently operating as a barbershop, will a selection of residential apartments to the first and second floor. the property is currently fully let and boasts an impressive rental return of approximately £56,000 Per Annum. The ground floor tenant is currently on an FRI Lease at £14,000 Per Annum, with an increase set in 2023 to £16,000 Per Annum.
the property boasts an excellent opportunity for buy to let investors looking for a well maintained and well located building with secure tenants throughout.
the building also benefits to a garage to the rear which could also increase rental return once rented.
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Stamp Duty Calculator
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Based on property / land value of £790,000 there will be an approx of £ Stamp Duty due.
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If a property is greater than £425k you are not eligable for Stamp Duty relief.
For properties over £625k, SDLT is charged at 0% up to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information