Lot
29
£60,000 - £65,000
56/58 Market Street, Birkenhead
The premises comprise two self contained lock up shops situated close to the main office quarter in Hamilton Square and in the Birkenhead Improvement District. They are on a main pedestrian thoroughfair between Hamilton Square and Birkenhead Shopping Centre and provide versatile accommodation suitable for a variety of retail and commercial users.
Details
| Auction Date | 21st September 2016 |
|---|---|
| Lot Number | 29 |
| Guide Price | £60,000 to £65,000 |
| Status | Available |
| Lot Type | Commercial Investment |
| Address | 56/58 Market Street, Birkenhead, CH41 5BT view on map |
| Tenure | Freehold |
| Tenancies | 56 Market Street is let on a two year lease from September 2016 at a rental of £3,900 per annum. 58 Market Street is let on a three year lease from March 2012 at a rental of £5,980 per annum. The tenant has been in occupation for many years and is currently holding over. This produces a total rental income of £9,880 per annum. The freehold of the whole building will be purchased subject to a long lease for a term of 99 years from 2015 |
| Viewing | By arrangement with the auctioneers. |
Location
Accommodation
| 56 Market Street | Retail unit 483 sq ft WC |
|---|---|
| 58 Market Street | Retail unit 606 sq ft Separate WC |
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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
