2 bed flat for sale

Market Street, Wirral, Merseyside CH47

Investment Opportunity – Freehold Mixed-Use Property in Prime Hoylake Location
Attention investors-this is a superb opportunity to acquire the freehold interest in 31 Market Street, Hoylake, a well-positioned mixed-use property in the heart of this vibrant coastal town.
The property is currently arranged as three self-contained units, all tenanted and income-producing. The ground floor comprises two commercial premises: A vacuum repair shop, complete with workshop area, kitchen, and WC facilities, and a hairdressing salon, also benefitting from its own WC. To the first floor, there is a well-proportioned two-bedroom apartment with gas C/H, comprising well proportioned landing, spacious lounge, kitchen, two bedrooms, bathroom with shower and seperate w.c. Access to a bike/bin store.
The property generates a total rental income of £1,650 per calendar month, apportioned as follows:
• Vacuum repair shop: £625 pcm - EPC -C
• Hairdressing salon: £375 pcm - EPC - C
• First floor apartment: £650 pcm - EPC - C
The residential unit is assessed as Council Tax Band A. The commercial units have rateable values of £6,000 (vacuum shop) and £4,500 (hair salon), respectively.
Ideally situated on a busy and well-established high street, the property benefits from excellent footfall and strong local demand, making it an attractive and stable investment.
Hoylake itself is a thriving town located on the Wirral Peninsula, renowned for its blend of independent shops, cafés, and restaurants. The area also benefits from excellent transport links, including a direct rail service to Liverpool. Leisure amenities are abundant, with the prestigious Royal Liverpool Golf Club, scenic beachfront, and the popular Marine Lake in nearby West Kirby all within easy reach.
This is an excellent opportunity to secure a fully let, income-generating asset in a highly desirable location.

Sold by modern auction (T&Cs apply) - subject to reserve price- buyer fees apply .

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.