This mixed residential and commercial property comprises a vacant double fronted and refurbished hairdressing salon with three self contained residential units to the upper floors let on a long lease to a Housing Association.
It is located in an established trading position close to Hamilton Square and the nature of the lease tenants provides security of rental income.
The property had the benefit of a substantial grant from Merseyside Development Corporation at which time major renovations and works of modernisation were undertaken.
There are separate central heating systems to the shop and each of the flats, electric roller shutters to the shop fronts and modern kitchen and bathroom fittings.
|12th July 2023
|£140,000 to £160,000
|33-35 Market Street, Birkenhead, CH41 5BS view on map
|We understand that the flats are let to Wirral Methodist Housing Association on a 29 year lease from 2001 at a rental of £9228.88 with reviews at 6 yearly intervals in line with RPI.
|By arrangement with the auctioneers.
|Ground floor extending to some 54 sq metres (580 sq ft)
Main Salon, kitchen, staff room with sink unit, disabled and customer WC’s.
|Each of the three flats comprises lounge, bedroom, kitchen and bathroom.