Lot
38
£110,000 - £120,000
4/4A Broadway, Bebington
Situated in an established and popular residential area of the Wirral at the junction of Kings Lane and Broadway, this property comprises a retail unit let to Cohens Chemist and a vacant first floor apartment with its own side access and garden. It is in an established trading position with on street car parking in a slip road directly in front of the shop. The flat has UPVC double glazing and gas central heating although would benefit from some general upgrading and decoration and is in an area popular both for owner occupation and investment.
Details
Auction Date | 01st July 2020 |
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Lot Number | 38 |
Guide Price | £110,000 to £120,000 |
Status | Sold |
Sale Price | £127,000 |
Lot Type | Commercial Investment |
Address | 4/4A Broadway, Bebington, CH63 5NH view on map |
Tenure | Freehold |
Rateable Value | The shop has a Rateable Value of £3,950 and as such will qualify for small business relief. |
Viewings | By arrangement with the auctioneers. |
Location
Accommodation
Retail Unit | Sales area, 2 rooms and wc. |
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Flat | Ground Floor Entrance Hall. |
First Floor | Landing with utility area and store room, lounge/bedroom two with gas fire and timber surround, double bedroom, living room/kitchen with a good range of base and wall units including built in cooker and hob, bathroom with storage cupboard, separate WC. |
Externally | There is a private well screened side garden and rear garden with brick garage. |
Tenancies | The shop unit is let for a term of 10 years from October 2010 at a rental of £6,500. The flat was until recently let on an AST at a rental of £450 pcm. |