Freehold Investment Property For Sale £119,995

The Freehold Property is offered for sale subject to a 3 year lease at a rental of £7,560 P.A. of the Ground Floor Shop Let as a Café and the First Floor Apartment let on an Assured Shorthold Tenancy Agreement from 18th August at £6,780 P.A. A Gross Rent of £14,340. Offering an 11.95% return on Capital.

The Freehold Property is offered for sale subject to a 3 year lease at a rental of £7,560 P.A. of the Ground Floor Shop Let as a Café and the First Floor Apartment let on an Assured Shorthold Tenancy Agreement from 18^th August at £6,780 P.A. A Gross Rent of £14,340. Offering an 11.95% return on Capital.

Situated in a Prominent Main Road Location in a Busy & Well Populated area of Wallasey, Wirral.  This is a Local Shopping Area that consists of a number of local retailers and a Post Office serving this Densely Populated area which has the benefit of on-street parking together being on a Main Bus Route and close to the Motorway Network/Mersey Tunnell.  Situated away from the Center of Liscard the area offers the facility to be able to park and access the shops which makes this a convenient destination in addition to local users. The property offers a Spacious Extended Shop Unit with Sited Ground Floor Shop ideal for a variety of Retail or Service uses. It has previously successfully operated as a hairdressers and more recently as a café. Briefly the accommodation includes Front Sales & Rear Shop Areas, Rear Kitchen, Good Sized Rear Room & Sep W.C. The Unit has Class E of the Planning Use Classes Order it is suitable for numerous retail uses.

Accommodation

Front Shop 14'3 X 11'7 with Electric Roller Shutters to Front, Timber Serving Counter, Illuminated Suspended Ceiling, Ceramic Tiled Floor, Electric Wall Heater.

Rear Shop 13' X 9'63 Fitted Tables, Illuminated Suspended Ceiling, Laminate Flooring, Wall Mounted, Electric Heater.

Kitchen 13'9 X 10' with Fitted base & Wall Cupboard Units, Extensive Roll Top Working Surfaces, Inset Double Bowl Sink Unit with Mixer Taps & Water Heater, Separate Wash Hand Basin, Water Heater, Illuminated Suspended Ceiling, 2 Strip Lights, Ceramic Tiled Floor.

Rear Store 11'9 X 11'9 with Wall Mounted Electric Heater, Carpet Floor Covering, 2 Strip Lights, Door to Rear.

Separate W.C. (Low Suite) with Pedestal Wash Basin, Ceramic Tiled Floor 'Manrose' Extractor Fan.

Self Contain First Floor Flat with Lounge, 2 Bedrooms, Fitted Kitchen, Shower Room