This substantial building has been refurbished to a high standard and comprises a carpet showroom to the ground floor with two self contained apartments above, both accessed from Wallasey Road. It has a prominent main road frontage and is in an established retail position, well served by public transport and a few minutes drive of the Mersey Tunnel and M.53 motorway. Each apartment has gas central heating, UPVC double glazing and modern kitchen and bathroom fittings. They have been rewired, replastered and laminate floors laid. The ground floor showroom has a UPVC shop front, recessed lights, central heating and laminate floors. The property provides an excellent investment opportunity with an attractive and generous yield.

Details

Auction Date 01st December 2021
Lot Number 7
Guide Price £150,000 to £160,000
Status Withdrawn
Lot Type Commercial Investment
Address 196 Wallasey Road, Wallasey, view on map
Tenure Freehold
Tenancies The shop is let on a 5 year lease at a rental of £6,000 pa. Each flat is let on an AST at a combined rental of £1025 pcm. There is therefore a total rental of £18,300 pa.
Viewing By arrangement with the auctioneers.

Location

Accommodation

Ground Floor Main showroom with kitchen, office and wc, rear hall with door to yard.
First Floor Flat Large hall with storage area, lounge with kitchen incorporating modern base and wall units together with built in oven and hob, double bedroom, bathroom with modern suite.
Second Floor Flat Entrance hallway, stairs to living room and kitchen, double bedroom, shower room with WC.
Externally There is hardstanding to the rear.

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