Description
The property comprise a three storey mixed use investment. On the ground floor is a lock up commercial shop trading as a Dessert Takeaway. Arranged over the first and second floors is a two bed apartment internally accessed. The whole premises are let on a full repairing and insuring commercial lease. The business has been trading for fifteen years.
Details
Price | £135,000 |
---|---|
Category | For Sale |
Type | Investment |
Address | 1 Upton Road, Claughton Village, Birkenhead, CH41 0DE view on map |
Tenure | Freehold |
Brochure | Download Brochure |
Birkenhead
The property is located on the southern side of Upton Road (A5027) in Claughton Village a suburb of Birkenhead. Other occupiers include Tesco Express, William Hill and a number of well established local traders. Claughton Medical Centre and Birkenhead sixth form college are also located close by.
Description
Outside Rear Yard and large forecourt.
Rooms
Room | Area (sq m) | Area (sq ft) |
---|---|---|
Ground Floor Sales | 40.60 | 437 |
Rear Ancilliary | 16.01 | 172 |
First Floor | ||
Lounge | ||
Bedroom | ||
Bathroom | ||
Kitchen | ||
Second Floor | ||
Bedroom | ||
Under Eaves Storage |
Rating Assessment
Description | Value |
---|---|
Shop | £2,750 rv |
VAT Statment
All prices and rents quoted are exclusive of vat if applicable
Other Info
The property is let for a term of five years from 24th November 2023 at a rental of £12,000 per annum. The tenant has a break option at the end of the third year. The lease is contracted outside the L & T Act 1954. This investment produces an attractive initial return of 8.9%Viewing Instructions
Strictly by arrangement with the sole agents:
Sean Seery
Residential / Commercial Management
E: sts@smithandsons.net
T: 0151 647 9272