21-29 WALLASEY ROAD, WALLASEY -Smith and Sons

Offered on behalf of LPA Receivers this parade of five shops has first floor accommodation suitable for storage, offices or additional retail space. The properties form part of the Cherry Tree Shopping Centre having a prominent frontage to Wallasey Road in the heart of Liscard Town Centre where several national retailers and organisations are represented. Public parking is available as part of the development and the units are within 10 minutes drive of the mid Wirral motorway and the mersey tunnel leading to Liverpool City Centre. There is also vehicular access to the rear for deliveries. 27 and 29 Walllasey Road are let on formal leases with 21 and 23 Wallasey Road currently vacant. 25 Wallasey Road is let to a charity shop on an informal agreement. Leases and floor plans can be inspected on tha auctioneer’s website.

Details

Auction Date	02nd December 2020
Lot Number	19
Guide Price	£150,000 to £175,000
Status	Sold
Sale Price	£161,000
Lot Type	Commercial Investment
Address	21-29 Wallasey Road, Wallasey, CH45 4NL view on map
Tenure	Freehold
Tenancies	21 /23 Wallasey Rd are currently vacant. 25 Wallasey Rd is let to Wallasey Lions on an informal agreement at nil rent. 27 Wallasey Rd is let at £10,000 pa for a term of 5 years from 10/10/17. 29 Wallasey Rd is let at £9,000 pa for a term of 10 years from 1/10/17 with a review at five years.
Viewing	By arrangement with the auctioneers.

Location

Accommodation

First Floor	Storeroom / office with WC of approximately 23.4 sq metres (252 sq ft).

Legal Pack

Back to Properties

£150,000 - £175,000