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Grange Mount, Wirral, CH43

Offers Over
£110,000

Business rates & charges may apply

Property Centre, Wallasey
SIZE

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SECTOR

Commercial property for sale

Key features

  • SEMI COMMERCIAL INVESTMENT
  • COMMERCIAL UNIT - GROUND FLOOR
  • 2 BEDROOM FLAT - FIRST FLOOR
  • BOTH OCCUPIED
  • TO BE SOLD WITH TENANTS IN SITU
  • GREAT ANNUAL INCOME £12,000
  • YIELD OF OVER 10%
  • GOOD LOCATION

Description

We are pleased to offer for sale, a two storey semi commercial investment comprising of a commercial unit to the ground floor and a two bedroom flat to the first floor. Both of which are occupied and the investment is to be sold with the tenants in situ.

Situated in a much sought after area both residential and commercial wise, it is nearby to local amenities including regular transport links to Liverpool and other surrounding areas.

The shop unit is currently let at £500 PCM on a 5 year lease from March 2021. The shop unit comprises of a large trading area, storage room, and a further covered storage area to the rear. The shop also benefits from roller shutters.

The flat is currently let on an AST at £500 PCM from April 2021. The flat is fully self-contained and accessed off the main road Grange Mount and has been newly refurbished to a high specification throughout. The flat briefly comprises of a living room, kitchen, bathroom and two bedrooms.

Both the shop and the flat produce an annual income of £12,000 and a great rental yield of over 10%

Please note, a condition of this sale is the Property Centre will remain the managing agents of the entire property for a minimum of 12 months following completion.

Brochures

Grange Mount, Wirral, CH43

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Birkenhead Central Station0.6 miles
  • Conway Park Station0.6 miles
  • Birkenhead Park Station0.7 miles

About Property Centre, Wallasey

90-92 Wallasey Road, Wallasey, CH44

Notes

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