This property is situated in a busy main road position in an established retail parade, adjoining occupiers include Boots, a Post Office and Off License. The ground floor retail unit is currently trading as Suntastic, there being a self contained flat above with its own private access from Hoylake Road. The flat has UPVC double glazing and gas fired central heating.

Details

Auction Date 20th September 2017
Lot Number 5
Guide Price £65,000 to £75,000
Status Available
Lot Type Commercial Investment
Address 36 Hoylake Road, Birkenhead, CH41 7BX view on map
Tenure Freehold
Tenancies The shop is let at £7,800 on a three year lease from May 2017. The flat is let on an assured shorthold agreement at £5,460 per annum. This produces a total rental income of £13,260 per annum.
Viewing By arrangement with the auctioneers.

Location

Accommodation

Ground Floor Retail space 500 sq ft, Separate WC
Flat Ground Floor: Entrance hall.
First Floor 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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