This lot comprises a substantial double fronted retail and commercial unit with a self contained first floor flat accessed via its own front entrance hall. It is situated in an established trading position, a few minutes walk from Woodchurch Road where several national retailers are represented and well served by public transport. The ground floor space offers versatile open plan accommodation some of which is partitioned in connection with its use as a beauty salon and treatment rooms. It has a three phase electrical supply and air conditioning together with central heating and modern kitchen and bathroom fittings to the flat.

Details

Auction Date 15th May 2024
Lot Number 23
Guide Price £110,000 to £120,000
Status Available
Lot Type Investment Mixed Use
Address 98 Woodchurch Lane, Prenton, CH42 9PD view on map
Tenure Freehold
Tenancies The ground floor is let at £800 pcm on a 3 year lease from April 2024 with a break clause at the end of year 1. The first floor flat is let on an AST at £385 pcm. This produces a total rental income of £14,220 per annum.
Viewings By arrangement with the auctioneers.

Location

Accommodation

Ground Floor Retail space/reception, treatment rooms, shower and WC’s, kitchen, office and storage space.
First Floor Flat with ground floor entrance hall leading to landing, living room, bedroom, kitchen with modern units and bathroom.

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