Description

A straightforward investment property comprising a self-contained lock-up shop together with a first floor flat having its own front entrance. There are separate gas central heating systems to the shop and flat and both are capable of being separately occupied. We are advised that the property has had A3 planning for use as a restaurant and café.

Details

Auction Date 02nd May 2019
Lot Number 11
Guide Price £60,000 to £70,000
Status Sold Prior
Lot Type Commercial Investment
Address 90 King Street, Wallasey, CH44 8AN view on map
Tenure Freehold
Viewings By arrangement with auctioneers.

Location

Accommodation

Shop Sales area, rear workshop, office and separate W/C.
Flat Ground Floor: Entrance hall with under stairs cupboard. First Floor: Fitted kitchen with a range of base and wall units together with built in oven, hob and extractor fan, bathroom with shower above bath, lounge with fireplace, two bedrooms and stairs leading to the third bedroom having views towards the river.
Externally There is a rear yard for use by the ground floor tenant.
Rateable Value The property is assessed at £1,700 and as such will have small business relief.
Tenancies The ground floor shop is let on an informal agreement at £2,860pa.

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