This lot comprises a substantial double fronted retail and commercial unit with a self contained first floor flat accessed via its own front entrance hall. It is situated in an established trading position, a few minutes walk from Woodchurch Road where several national retailers are represented and well served by public transport. The ground floor space is currently being refurbished and partitioned to a good standard in connection with its use as a beauty salon and holistic treatment rooms. There is central heating and modern kitchen and bathroom fittings to the flat.

Details

Auction Date 04th December 2024
Lot Number 25
Guide Price £120,000 to £130,000
Status Available
Lot Type Investment Mixed Use
Address 98 Woodchurch Lane, Prenton, CH42 9PD view on map
Tenure Freehold
Tenancies The ground floor is let at £800 pcm on a 3 year lease from April 2024 with a break clause at the end of year 1. The first floor flat is let on an AST at £390 pcm. This produces a total rental income of £14,280 per annum.
Viewings By arrangement with the auctioneers.

Location

Accommodation

Ground Floor The ground floor space extends to some 1520 sq ft and comprises: Entrance and reception area, four treatment rooms, office, kitchen, WCs and stores.
First Floor Flat with ground floor entrance hall leading to landing, living room, bedroom, kitchen with modern units and bathroom.

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