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Property Type
Commercial
Features and description
FOR SALE VIA AUCTION: Terms and conditions apply. We are pleased to offer this investment opportunity for sale. This substantial property comprises of a retail unit to the ground floor and two 1x bedroom apartments on the upper floors. The property is situated in Borough Road, Wallasey, a busy trading location.
We are advised the property is fully tenanted generating a total income of approximately £12,900 per annum. Summary Property Type: Retail Tenure: Freehold Parking: On Street Location The subject property is located off Poulton Road, a busy main road location in Wallasey.
The closest transport link to the property is Wheatland Lane bus stop (341ft).
Liverpool City Centre is located approximately 4.5 miles from the subject property ACCOMMODATION: Retail unit to the ground floor and two 1x bedroom apartments on the upper floors. TENURE: FREEHOLD.
Title number CH28602 LEASE DETAILS: Ground floor retail unit is currently let at £300 PCM on a 5 year lease from 04/04/23 Ground floor flat is currently let at £375 PCM on an AST First Floor flat is currently let at £400 PCM on an AST RATEABLE VALUE: The adopted rateable value is £1,600 as of 1 April 2017. Sourced by VOA. EPC Available Upon Request (Rating D) 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.
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136 Borough Road Wirral CH44 6NH
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