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Commercial Development
Wavertree, L15 - Get Access
5 bed
1 bath
Description
Being sold via Online Auction, Fee's Apply. We are delighted to present this exceptional mixed-use investment opportunity situated in a prominent High Street position within South Liverpool. The property comprises a substantial ground floor commercial premises currently operating as an established beauty and hair salon together with tenants in place, occupying a five bedroom residential premises, situated above. Ground Floor Commercial Premises- Currently tenanted at £800pcm until November 2026. Currently operating as a successful salon business, the commercial accommodation extends throughout the ground floor providing extensive retail and treatment space together with ancillary accommodation and rear servicing facilities. ACCOMMODATION SCHEDULE Main Shop Floor – 8.5m x 3.5m Kitchen – 1.7m x 4.5m Beauty Room 1 – 3.8m x 2.8m Bathroom – 1.5m x 2.5m Back Wash Area – 1.7m x 3.8m Beauty Room 2 – 7.7m x 3.3m Beauty Room 3 – 7.7m x 3.3m Beauty Room 4 – 7.7m x 3.3m Rear Open Floor Area – 3.2m x 4.6m Rear Storage Room – 3.79m x 5.0m COMMERCIAL FEATURES Large Retail Frontage | Multiple Treatment Rooms | Rear Loading Access Roller Shutter Security | Kitchen Facilities | Customer Bathroom Established Tenant | Flexible Commercial Configuration The property is available to view immediately and represents an ideal addition to both established and growing investment portfolios. The accommodation above benefits from communal facilities and is presented in good condition throughout, appealing to professional tenants and long-term occupiers. Current Combined Monthly Rent - £2,200pcm, this is with Room 1 currently vacant and looking for a new tenant at £450pcm. RESIDENTIAL FEATURES Five Letting Bedrooms | Shared Kitchen | Communal Living Shared Bathroom | Double Glazing | Gas Central Heating Established Occupancy | Strong Rental Demand AREA REGENERATION Wavertree High Street is set to benefit from a £2 million upgrade programme, funded through the Liverpool City Region Combined Authority's Key Route Network Levelling Up project. The scheme includes new controlled pedestrian crossings, resurfaced roads, improved drainage and enhanced accessibility throughout. Forming part of a wider £13.6 million investment across the region, these works are expected to increase footfall, improve the trading environment for commercial tenants and further strengthen property values along this established High Street corridor. Works are scheduled to commence mid-2025 with an estimated completion period of 26 weeks. Key improvements include controlled crossings at multiple junctions, upgraded dropped kerbs and tactile paving, full road resurfacing and comprehensive drainage upgrades.