Situated in the heart of Wallasey Village in an established trading position, this semi detached property comprises a lock up shop with self contained flat above. The shop is currently trading as a gentlemans hairdressers but would be suitable for a variety of retail and commercial purposes. It is within five minutes drive of the M53 mid-Wirral Motorway and there is a good residential catchment nearby.

Details

Auction Date 25th February 2016
Lot Number 36
Guide Price £60,000 to £70,000
Status Sold
Sale Price £65,000
Lot Type Commercial Investment
Address 94 Wallasey Village, Wallasey, view on map
Tenure Freehold
Rateable Value The shop has a rateable value of £3,400 and as such will be subject to small business relief.
Tenancies The shop is let at £5,200 per annum for a term of 10 years from March 2008 and the flat is let on an AST at £3,510 per annum. There is therefore a total rental income of £8,710 per annum.
Viewing By arrangement with the auctioneers.

Location

Accommodation

Accommodation Salon, two rear rooms, WC.
Flat Ground floor entrance hall
First Floor Landing, lounge, kitchen, two bedrooms, bathroom.
Joint Agents Beresford Adams Commercial, Chester.
Rateable Value The shop has a rateable value of £3,400 and as such will be subject to small business relief.

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