1 UPPER BRASSEY ST/2 MALLABY ST, BIRKENHEAD -Smith and Sons (en-GB)

This mixed residential and commercial investment has the potential to generate an excellent income and high yield from the shop unit and 5 letting rooms. It is within a few minutes walk of Birkenhead Park and has always been popular as a rental location. The residential accommodation has been modernised with an extensive range of modern units to the kitchen and utility room, gas central heating, modern bathroom suite and double glazing.

Details

Auction Date	05th May 2021
Lot Number	13
Guide Price	£90,000 to £110,000
Status	Sold After
Lot Type	Investment Mixed Use
Address	1 Upper Brassey St/2 Mallaby St, Birkenhead, view on map
Tenure	Freehold
Tenancies	The letting rooms are vacant. The shop is let at £2860 pa with the tenant holding over on a lease which commenced in 2001.
Viewing	By arrangement with the auctioneers.

Location

Accommodation

Residential	Ground Floor Entrance hall with landlords and tenants store giving access to rear yard.
First Floor	Landing, lounge, large dining kitchen with good range of modern base and wall units including built in oven, hob and extractor hood, utility room with modern units and central heating boiler, bathroom, bedroom.
Second Floor	Landing, four letting rooms, one with ensuite shower room and WC.
Lock Up Shop	Showroom - 41 sq metres (443 sq ft) Office and store - 23 sq metres (248 sq ft) Kitchen and store - 14 sq metres (150 sq ft) Workshop - 38 sq metres (410 sq ft)
Externally	There is a partially covered rear yard for storage and parking with separate WC.
Rating Assessment	The shop has a Rateable Value of £5,700 and as such will qualify for small business relief.