274-276 LAIRD STREET, BIRKENHEAD -Smith and Sons (en-GB)

A detached commercial building let to the William Hill Organization Ltd together with an advertising hoarding. It is situated in a prominent position on a main road location being approximately 1 mile from Birkenhead Town Centre, access to the Motorway network and the docklands regeneration area.

Details

Auction Date	01st July 2020
Lot Number	22
Guide Price	£45,000 to £50,000
Status	Sold
Sale Price	£75,500
Lot Type	Commercial Investment
Address	274-276 Laird Street, Birkenhead, view on map
Tenure	Freehold
Tenancies	The property is let to William Hill Organisation Ltd for a term of 15 years from March 2008 at a rental of £6,250 pa. There is an advertising hoarding let on a term of 10 years from July 2019 at a rental of £500 pa. There is therefore a total rental income of £6,500 pa
Rateable Value	The property has a rateable value of £8,600
Viewing	By arrangement with the auctioneers.

Location

Accommodation

Accommodation	We have been unable to make an internal inspection but we are advised the accommodation comprises: Ground Floor Betting shop with sales counter, staff kitchen, WC.
First Floor	This is boarded up and inaccessible.
Tenancies	The property is let to William Hill Organisation Ltd for a term of 15 years from March 2008 at a rental of £6,250 pa. There is an advertising hoarding let on a term of 10 years from July 2019 at a rental of £500 pa. There is therefore a total rental income of £6,500 pa