3, 5 & 7 GRANGE ROAD WEST, BIRKENHEAD -Smith and Sons

This lot comprises three separate units and is situated in an established trading position close to the junction with Charing Cross and the pedestrianised shopping area of Grange Road. The Pyramid Shopping Centre and Asda Supermarket are nearby. The property comprises a ground floor retail unit let to The Money Shop, a vacant former amusement arcade and furniture shop together with first floor space last occupied as a fitness suite and gymnasium. The property has been refurbished throughout to include modern kitchen and bathroom fittings, suspended ceilings and air conditioning and is ready for occupation. The ground floor premises have established A2 planning consent and may appeal for restaurant use.

Details

Auction Date	22nd September 2015
Lot Number	22
Guide Price	£165,000 to £175,000
Status	Withdrawn
Lot Type	Vacant Commercial
Address	3, 5 & 7 Grange Road West, Birkenhead, CH41 4BY view on map
Tenure	Freehold
Tenancies	The Money Shop is let at a rental of £18,000 per annum for a term of ten years from December 2009. Heads of Terms have been agreed for the first floor accommodation at £5,000 per annum for a term of five years. The showroom/amusement arcade at 5/7 Grange Road West is currently vacant.
Viewing	By arrangement with the auctioneers.

Location

Accommodation

3 Grange Road West (The Money Shop)	Front sales area with counter, rear offices, side passageway, kitchen, office and WC.
5-7 Grange Road West	Ground Floor: Former showroom and amusement arcade with offices, kitchen and WCs extending to some 1,950 square feet. First Floor: Fitness Suite with reception area, lounge, training rooms, changing rooms and WCs extending to some 2,400 sq ft.
Rateable Value	3 Grange Road West £12,250 5-7 Grange Road West £19,000 First Floor Grange Road West £12,000
Joint Agents	Hitchcock Wright and Partners, Castle Chambers, 43 Castle Street, Liverpool

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£165,000 - £175,000