This property has been taken off the market.

House For Sale Woodchurch Lane, Birkenhead, CH42

£110,000

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 24th April 2024

Description

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 offers versatile open plan accommodation some of which is partitioned in connection with its use as a beauty salon and treatment rooms.

It has a three phase electrical supply and air conditioning together with central heating and modern kitchen and bathroom fittings to the flat.

Ground Floor
Retail space/reception, treatment rooms, shower and WC’s, kitchen, office and storage space.

First Floor
Flat with ground floor entrance hall leading to landing, living room, bedroom, kitchen with modern units and bathroom.

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 £385 pcm.
This produces a total rental income of £14,220 per annum.

Viewings
By arrangement with the auctioneers.
Agent Details
Smith and Sons
51-52, Hamilton Square, Birkenhead, CH41 5BN
Show Contact Number
0151 647 9272

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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