196 WALLASEY ROAD, WALLASEY -Smith and Sons

This substantial building has been refurbished to a high standard and comprises a carpet showroom to the ground floor with two self contained apartments above, both accessed from Wallasey Road. It has a prominent main road frontage and is in an established retail position, well served by public transport and a few minutes drive of the Mersey Tunnel and M.53 motorway. Each apartment has gas central heating, UPVC double glazing and modern kitchen and bathroom fittings. They have been rewired, replastered and laminate floors laid. The ground floor showroom has a UPVC shop front, recessed lights, central heating and laminate floors. The property provides an excellent investment opportunity with an attractive and generous yield.

Details

Auction Date	22nd September 2021
Lot Number	25
Guide Price	£150,000 to £170,000
Status	Available
Lot Type	Commercial Investment
Address	196 Wallasey Road, Wallasey, CH44 2AG view on map
Tenure	Freehold
Tenancies	The shop is let on a 5 year lease at a rental of £6,000 pa. Each flat is let on an AST at a combined rental of £1025 pcm. There is therefore a total rental of £18,300 pa.
Viewing	By arrangement with the auctioneers.

Location

Accommodation

Ground Floor	Main showroom with kitchen, office and wc, rear hall with door to yard.
First Floor Flat	Large hall with storage area, lounge with kitchen incorporating modern base and wall units together with built in oven and hob, double bedroom, bathroom with modern suite.
Second Floor Flat	Entrance hallway, stairs to living room and kitchen, double bedroom, shower room with WC.
Externally	There is hardstanding to the rear.

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£150,000 - £170,000