£180,000

Retail premises for sale

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Fixed price

£180,000

(£154.91/sq. ft)

Retail premises for sale

Upton Road, Birkenhead CH41

1,162 sq. ft

Local area information

Property location

Nearby amenities

  • Wirral Hospitals' School (SEN) 0.2 miles
  • Bidston Avenue Primary School 0.2 miles
  • Birkenhead North 0.7 miles
  • Birkenhead Park 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Liverpool to find out more about the area.

Features and description

Investment Consideration:
Gross Initial Yield: 7.08%
Rental Income: £12,750 p.a.
VAT is not applicable to this property
Comprises corner single storey building t/a tattoo parlour with ancillary at basement
Nearby occupiers include Tesco Express, William Hill, Bakery, Opticians and more.

Property Description:
The property comprises corner single storey building arranged as a ground floor tattoo parlour with ancillary at basement, providing the following accommodation and dimensions:
Ground Floor: Reception, Studio, Office, Kitchenette, WC
Basement: 2 Rooms
Total area size: 108 sq m (1,162 sq ft)

Tenancy:
The property is at present let to Beyond The Pines Ltd for a term of 10 years from 8th March 2022 at a current rent of £12,750 p.a. And the lease contains full repairing and insuring covenants. Rent review (open market upward only) and tenant option to determine on 8th March 2027. Deposit held of £3,187.50.

Tenure:
Long Leasehold. Held of a 999 year lease from 20th May 2008 at a ground rent of peppercorn.

Location:
Birkenhead is a town in the Metropolitan Borough of Wirral, Merseyside, England. The town is on the Wirral Peninsula, along the south bank of the River Mersey, opposite Liverpool. At the 2011 census, it had a population of 88,818. There are also good transport links with connections to the M53 in under seven minutes which links to the rest of Merseyside. In addition Birkenhead Park Station is 5 minute drive away. The property is situated on a popular High Street within Birkenhead with nearby occupiers including Tesco Express, William Hill, Bakery, Opticians, Restaurants and many more.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Blue Alpine Partners. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Merseyside
  4. Birkenhead
  5. Upton Road

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