Freehold Investment Property For Sale

A Freehold Investment Property For Sale.

An opportunity to purchase an extremely attractive Freehold Investment Property comprising of a Substantial Ground Floor Retail Shop that is currently let on a secure 10-year lease from Lease from 1^st May 2023. Above on the First Floor there is a Self-Contained 2 Bedroom Flat let on an Assured Shorthold Tenancy Agreement. The Property is offered subject to the current leases with the Shop producing a Rent of £600 per month (£7,200 P.A.) and the Flat is Let producing £425 per calendar month (£5,100) from 1^st April 2020. The Property occupies a Bold Main Road Trading Position close to Birkenhead Park Railway Station in a Busy and well-populated area of Wirral.  This is a prominent Trading Position that benefits from free on-street parking and in the immediate area there is a mixture of local shops, a Convenience Store etc. The Property is well-kept & presented and is offers an 8.8% return on Capital for a suitable Investor. The Ground Floor Shop is on two levels which are currently partitioned for Sunbed rooms. To the rear, there is a Brewing Area & Store. The First Floor is accessed from the Rear Yard to the Self Contained first-floor Flat comprising of a Large Lounge, Kitchen, 2 Bedrooms & a Bathroom. Outside, there is a Shared Rear Yard. The flat has the benefit of Gas Central Heating & Sealed Unit Double Glazing.

Accommodation

DOUBLE FRONTED SALES SHOP with Modern Sealed Unit Double Glazed Shop Front, Roller Shutters To Front.

FRONT SHOP AREA 20’2 X 17’8 with Reception Counter, Panelled Ceiling with Inset Spotlights, Two Partitioned Tanning Booths, Laminate Seating Area, 5 Steps up to:-

REAR SHOP AREA 12’8 X 21’3 Partitioned in 1 Tanning Booth (9‘ X 7’3) and Store Room (12’8 X 6’9).

SEPARATE W.C. with Wash Basin, Ceramic Tiled Floor, Panelled Walls, Inset Spotlights.

FURTHER TANNING BOOTH 9 X 6’9 REAR TANNING BOOTH 10’ X 8’9

SIDE BREWING AREA with Single Drainer Stainless Steel Sink Unit set into Base Cupboard Unit.

SEPARATE ACCESS from Rear to SELF-CONTAINED FLAT

A Turned Timber Staircase leads to:-

KITCHEN 14’3 X 9’9 Maximum with Base & Wall Cupboard Units having Electric Hob & ‘Hotpoint’ Oven beneath, Single Drainer Stainless Steel Sink Unit with Mixer Taps, Extensive Roll Top Work Surfaces, Plumbing for Washing Machine, Wall Mounted Gas Combi Boiler, Seal Unit Double Glazed Window to Rear, Vinyl Floor Covering.

SPACIOUS RECEPTION HALL 27’6 X 5’8 with Single Radiator.

LARGE LOUNGE 19’8 X 13’ with Two Sealed Unit Double Glazed Windows to Front, Single Radiator.

REAR BEDROOM 1 12’7 X 15’6 with Double Radiator, Sealed Unit Double Glazed Window.

FRONT BEDROOM 2 15’6 X 8’6 Single Radiator, Seal Unit Double Glazed Window.

BATHROOM with Panelled Bath, Pedestal Wash Basin, W.C. (Low Suite) Tiled Surrounds, Vinyl Flooring.

OUTSIDE - SHARED REAR YARD.