£140,000

Retail premises for sale

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£140,000

(£140,000.00/sq. ft)

Retail premises for sale

Duke Street, Birkenhead CH41

880 sq. ft

Local area information

Property location

Nearby amenities

  • Birkenhead Park 0.1 miles
  • Kilgarth School (SEN) 0.2 miles
  • The Priory Parish CofE Primary School 0.3 miles
  • Conway 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

  • A Freehold Investment Property producing 8.8% Return
  • Gross Rental Income £12,300 P.A.
  • Shop Let on 10 Year Lease from May 2023
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 1st 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 offer 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 1st 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 prominent Trading Position 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 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.

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  1. Zoopla
  2. Commercial for sale
  3. Merseyside
  4. Birkenhead
  5. Duke Street

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