SSTC

34, Balls Road, Birkenhead, Merseyside, CH43 5RE

Commercial for sale

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34, Balls Road, Birkenhead, Merseyside, CH43 5RE

For Sale OIRO £130,000 - Commercial

An excellent opportunity arises to purchase a substantial commercial property that has a Ground Floor Unit and Four Flats above. Positioned in a popular residential area, the ground floor has been used by a long standing retail unit for many years and has recently signed a new 10 year lease. The Flats above are let on a A.S.T. with 2 currently being unoccupied and in need of some refurbishment. Details as follows:-

Ground Floor Premises:- Used as a Locksmiths and currently let by way of signing of new agreement in January 2017 for 10 years with a 5 year review @ £3,700.00 per annum on a F.R.I.

Rear Access to 4 Flats:-

Flat 1 – Top Floor Flat consisting of Bedroom, Lounge, Kitchen and Bathroom. It has been let to a long term tenant @ £81.00 per week.
Flat 2 – First Floor Bedsit, vacant at the moment, but when let it brings in @ £75.00 per week.
Flat 3 – 2nd Floor Flat consisting of Bedroom, Lounge, Kitchen, Bathroom. It has been let to a long term tenant @ £81.00 per week.
Flat 4 – Ground Floor Studio Flat consists of Bedroom, Kitchen/Lounge, Bathroom, currently unoccupied, and in need of refurbishment and repair.

Once fully occupied the entire property should produce an income of around £19,000 per annum

  • Commercial Investment
  • Ground Floor Unit & 4 Flats above
  • Popular Residential Area
  • Excellent Opportunity

Additional Details

  • Address: 34, Balls Road, Birkenhead, Merseyside, CH43 5RE
  • Price: OIRO £130,000
  • Status: SSTC
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