46, 48 & 50 GRANGE ROAD WEST, BIRKENHEAD

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • AVAILABLE POST AUCTION • LOT NUMBER : 15 • MIXED USE INVESTMENT PRODUCING £39,600 PA • Investment Mixed Use • Freehold • *GUIDE PRICE : £260,000 - £280,000

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 51-52 Hamilton Square, Birkenhead, CH41 5BN

Full Description: The property comprises two lock up shops currently trading as Caribbean Spice and a barber shop together with five, one bedroomed flats to the first floor.The property is situated in a main road position with public car parking nearby and in an area where a number of national retailers are represented.We are advised that each of the shops and all of the flats are tenanted on terms set out below producing an excellent rental income and yield.The freehold of number 50 Grange Road West is also included in the sale.AccommodationWe have been unable to inspect all of the properties but understand the accommodation to be as follows:46 Grange Road WestBarber shop with kitchen area and WC.48 Grange Road WestRestaurant area 356 sq ft, store/staff room 38 s ft, commercial kitchen 320 sq ft, inner hall, WC.Flats 1-5 Grange Road West 46 Grange Road WestWe are advised these are all one bedroomed units with living area, kitchen and bathroom/WC.Tenancies46 Grange Road West is let at a rental £450 per calendar month for a term of five years from 1 November 2023.48 Grange Road West is let at £525 pcm.Flats 1,2 4 and 5 are let on ASTs at £425 pcm with Flat 3 let at £400 pcm.ViewingBy arrangement with the auctioneers.