£110,000 - £120,000
35 Seaview Road, Wallasey And Two Flats At Merton Road
Situated in a prominent main road position on the corner of Seaview Road and Merton Road, this three storey property has over the years been refurbished and provides ground floor retail space and two self contained flats to the upper floors having their own separate access from Merton Road. It is within a couple of minutes walk of the main shopping centre at Liscard Town Centre with a good residential catchment area nearby and some ten minutes drive to the national motorway network. There is permit on street parking available along Merton Rd. Each flat is accessed from Merton Road and has modern kitchen and bathroom fittings, double glazing and central heating. They are also separately metered and have potential to divide the accommodation to create further bedrooms. There is a secure yard to the rear for use by the ground floor tenant with space for off street parking and a separate bin store for the two flats.
Details
| Auction Date | 21st September 2022 |
|---|---|
| Lot Number | 14 |
| Guide Price | £110,000 to £120,000 |
| Status | Sold After |
| Lot Type | Commercial Investment |
| Address | 35 Seaview Road, Wallasey And Two Flats At Merton Road, view on map |
| Tenure | Freehold |
| Tenancies | The ground floor shop is let on a five year lease from March 2021 at a rental of £4,200 per annum. Each of the flats are occupied on assured shorthold agreements at rentals of £350 per calendar month. There is therefore a total rental income of £12,600 per annum. There is potential to increase these current rental levels. |
| Rateable Value | £4,850. |
| Viewings | By arrangement with the auctioneers. |
Location
Accommodation
| Ground Floor | Double fronted shop Sales area 45 sq m, rear stores 19.4 sq m, WC, roller shutter door to rear yard. |
|---|---|
| Flat 1 | Hall, large lounge, double bedroom, kitchen with range of modern units with fitted oven and hob, bathroom with WC and boiler cupboard. |
| Flat 2 | Hall, large lounge, double bedroom with en-suite shower room, separate WC, fitted kitchen with a good range of modern units. A video tour of the flats is avaiable on request. |
| Tenancies | The ground floor shop is let on a five year lease from March 2021 at a rental of £4,200 per annum. Each of the flats are occupied on assured shorthold agreements at rentals of £350 per calendar month. There is therefore a total rental income of £12,600 per annum. There is potential to increase these current rental levels. |
Legal Pack
35 Seaview Road - epc.pdf
Floor plans
There are no floorplan downloads for this property.
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Contact Details
51/52 Hamilton Square
Birkenhead
Wirral
CH41 5BN
Tel: 0151 647 9272
Fax: 0151 666 1336
Email: enquiries@smithandsons.net
