Description

Situated in Hoylake Town Centre in an established commercial and residential position, this property is situated on the corner of Market Street and Trinity Road. It comprises ground floor offices together with a self contained maisonette accessed from Trinity Road. Planning permission APP/19/01595 was granted in December 2019 for conversion of the maisonette into two studio flats. Planning permission APP/19/01656 was also granted in January 2020 for the construction of two studio flats above the ground floor offices. Copies of the planning permissions and architects drawings are available for inspection on the auctioneers website. This investment will provide a steady rental income from a combination of the residential and commercial units, Hoylake being a sort after location having a wide range of leisure facilities, access to the promenade and easy access into Liverpool City Centre. There are UPVC double glazed windows and separate central heating systems to the commercial and residential units.

Details

Auction Date 19th February 2020
Lot Number 9
Guide Price £125,000 to £145,000
Status Sold
Sale Price £171,000
Lot Type Commercial Investment
Address 87 Market Street, Hoylake, CH47 5AA view on map
Tenure Freehold
Tenancies The ground floor commercial space is let at £550 pcm for a term of seven years from March 2018.
Viewings By arrangement with auctioneers.

Location

Accommodation

Office Space Extending to 80 sq m (860 sq ft) comprises: Entrance vestibule, general reception office, private office, lounge, hallway wih store room and storage space, kitchen, WC.
Maisonette Extending to 114 sq m (1223 sq ft) comprises: First Floor- Hall, large front room, kitchen with base and wall units, pantry. Second Floor-Landing, two double bedrooms, shower room and separate WC.
New Build Each of the two new residential units will comprise: Studio room with kitchen area and shower room.

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