4 bed flat for sale

New Chester Road, Eastham, Wirral CH62

Prime Mixed-Use Investment Opportunity | New Chester Road - Eastham

A rare opportunity to acquire a substantial mixed-use freehold property on the ever-popular New Chester Road, offering three potential income streams and available with vacant possession throughout.

The ground floor comprises a fully fitted former Subway® takeaway premises, retaining a wide range of equipment and fixtures, allowing an incoming owner to quickly re-establish a similar business operation or adapt the space to suit an alternative retail, takeaway, café, or commercial use (subject to any necessary consents).

Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.

Above the commercial unit are two newly refurbished two-bedroom apartments numbers 1196 and 1198, both finished to a high standard and presented in ready-to-move-into condition. Each flat offers modern accommodation with well-proportioned living spaces, contemporary kitchens and bathrooms, making them ideally suited for the rental market or owner occupation.

Further enhancing the investment appeal, the property also benefits from an atm/cash machine installation, providing an additional source of income alongside the commercial and residential elements.

Historically, the property produced a combined income of approximately £35,533 per annum, comprising:

Shop: £13,333 per annum
Flat One: £800 pcm (£9,600 per annum)
Flat Two: £800 pcm (£9,600 per annum)
atm Income: £3,000 per annum

Located on a prominent main road position with excellent visibility, strong passing traffic, and convenient access to local amenities and transport links, this property presents an excellent opportunity for investors, business owners, or developers seeking a versatile asset with significant income and growth potential.

Viewing is strongly recommended to appreciate the size, flexibility and investment potential of this unique opportunity.

Tenure - Freehold
Council Tax Band - A

Please note that VAT is applicable to the purchase price and will be payable in addition to the agreed sale price. Interested parties should make their own enquiries and seek professional advice regarding any VAT implications arising from the transaction.

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Please note that an aml fee is chargeable to the buyer once an offer is accepted, to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even is the property purchase does not go ahead.