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Grange Road West Birkenhead CH41 4DB Auction guide price of £85,000

Grange Road West Birkenhead CH41 4DB Auction guide price of £85,000

Property Type

Commercial

Features and description

We are pleased to offer to auction this Mid Terraced Shop situated in Birkenhead on Grange Road West. Currently trading as an Indian Restaurant, let on a long lease for the whole building at £550 pcm on a fully repairing insuring lease. LOCATION: The subject property is located along Grange Road West, a busy town location in Birkenhead.

The closest transport links are Bentinck Street bus stop (0.1 mile) and Conway Park train station (0.7 mile).

Liverpool City Centre is located approximately 4 miles away where you can visit local attractions such as the Royal Albert Dock and the Titanic Memorial. ACCOMMODATION: Commercial unit currently trading as an Indian Restaurant. TENURE: Freehold - Title number MS246243 Please note: This property is on one large title, this is to be split upon completion, please see further details in the legal pack. LEASE DETAILS: The subject property is let at a rent of £550 per month on a Fully repairing insuring lease. RATEABLE VALUE: The current rateable value is £3,400 as of 1 April 2017. ADDITIONAL INFORMATION: For further information please contact our office direct on 0151 639 0770 or alternatively via e-mail on propcentre@aol.com.

Please contact us to arrange an internal inspection, or to register your interest. Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer.

Bids can be made via The Auctioneers or the Marketing Agents website. Auctioneers Additional Comments Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.

The Legal Pack will also outline the buyers' obligations and sellers' commitments.

It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures. Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack.

The deposit will be a contribution to the purchase price.

A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website).

The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained.

There is no requirement or indeed obligation to use these recommended suppliers or services.

  • FOR SALE BY AUCTION
  • STARTING BID £85,000
  • COMMERCIAL RETAIL UNIT
  • FREEHOLD TITLE
  • PRODUCING AN ANNUAL INCOME OF £6,600
  • CURRENTLY TRADING AS AN INDIAN RESTAURANT

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Grange Road West Birkenhead CH41 4DB

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