66/66A KING STREET, WALLASEY -Smith and Sons (en-GB)

A three storey property situated in a main road position comprising ground floor retail premises together with three bedsits to the upper floors. The property has been fully refurbished to a high standard in recent years with modern kitchen and bathroom fittings, uPVC double glazing and electric heating. It has also been replastered and rewired.

Details

Auction Date	19th September 2018
Lot Number	38
Guide Price	£80,000 to £90,000
Status	Sold
Sale Price	£75,000
Lot Type	Commercial Investment
Address	66/66A King Street, Wallasey, view on map
Tenure	Freehold
Viewing	Strictly by arrangement with the auctioneers.

Location

Accommodation

Shop	The shop has a total floor area of 760 sq ft and comprises sales area, office, kitchen and WC.
Bedsits	Ground Floor Entrance vestibule. First Floor Lounge, kitchen, bedroom, bathroom.
Second Floor	Two further bedrooms.
Tenancies	The shop is let at £375 per calendar month. Each bedsit is let at £60 per week. This produces a total income of £13,860 per annum.
Rateable Value	The shop has a Rateable Value of £3,600 and as such qualifies for Small Business Relief.