Description

Situated in a main road position within a few minutes' drive of the M53 mid Wirral motorway and close to shops, schools and public transport, this property comprises a self-contained shop with a two bedroomed flat. It is in an established retail parade with other occupiers including Boots Chemist, Post Office and off-license. The flat has UPVC double glazing and gas fired central heating.

Details

Auction Date 18th September 2019
Lot Number 20
Guide Price £70,000 to £80,000
Status Available
Lot Type Commercial Investment
Address 36 & 36A Hoylake Road, Birkenhead, CH41 7BX view on map
Tenure Freehold
Tenancies The shop is let at £100 per week on a 5 year lease. The flat is let at £90 per week. This produces a total rental income of £9,880 per annum.
Viewing By arrangement with the auctioneers.

Location

Accommodation

Ground Floor Retail space 500 sq ft, Separate WC
Flat Ground Floor: Entrance hall, stairs to landing, living room, two bedrooms, kitchen, shower room with WC.
Rateable Value The property has a Rateable Value of £4,400 per annum and as such will benefit from small business relief.

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