Banks Road, CH48
About this home
Property Details: • Type: Block of Apartments • Tenure: FREEHOLD • Floor Area: N/A
Key Features: • GREAT INVESTMENT • HUGE POTENTIAL • FABULOUS LOCATION • PLANNING PERMISSION FOR HOTEL • FULLY LET • LARGE RESTAURANT • SPACIOUS FLATS
Location: • Nearest Station: West Kirby Station • Distance to Station: 0.38287146560496443 miles
Agent Information: • Address: 38 Market Street, Hoylake, CH47 2AF
Full Description: A rare opportunity to acquire a prime mixed-use investment in the heart of West Kirby, offering both immediate income and exciting future development potential. This substantial property comprises a well-established, fully operational restaurant on the ground floor, complemented by three self-contained residential flats above, all of which are currently fully let and generating a strong, consistent rental yield. <br />Positioned in a highly desirable coastal location, the property benefits from excellent footfall, strong local demand, and close proximity to the waterfront, transport links, and a vibrant mix of independent shops and amenities. The restaurant enjoys a solid trading history, making it an attractive proposition for both investors and owner-operators alike. <br />The three flats above are well-maintained and fully occupied, providing reliable residential income and enhancing the overall return on investment. Each unit appeals to the strong rental market in the area, ensuring continued demand and occupancy. <br />Importantly, the property also benefits from planning permission for conversion into a hotel, offering significant scope for redevelopment and capital growth. This presents an exceptional opportunity for investors looking to reposition the asset and maximise its full potential in a thriving seaside town. <br />Combining immediate income with long-term upside, this is a superb investment opportunity in one of the Wirral's most sought-after locations.