Grove Road, CH47
About this home
Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A
Key Features: • Seaside town of Hoylake • Prominent location • Convenience store • 3 bedroom residential accommodation • High levels of passing trade • Investment opportunity • REF: 90979
Location: • Nearest Station: Manor Road Station • Distance to Station: 0.3 miles
Agent Information: • Address: North West
Full Description: Hoylake is a seaside town located on the northwest corner of the Wirral Peninsula. The closest sizeable towns are Liverpool and Chester, 12 and 20 miles distant respectively. Hoylake offers a large range of restaurants and cafés and is also home to the Royal Liverpool Golf Club. The M53 provides access to Chester and North Wales, and the Kingsway provides access to Liverpool and Preston. Hoylake and Manor Road train stations, which run on Mersey Rail, are within a one mile radius of the property. Buses run through the town regularly and Liverpool's John Lennon Airport is located approximately 20 miles east.
Our clients advise us that the business is let on a 15 year lease, commencing in 2016 and is in the process of being reassigned. The business generates an income of £650pcm. The residential unit generates a rent of £610pcm with scope to increase. The current tenants have been in situ for 12 months and wish to reside at the property long term.
The Property would be a great opportunity for any investor.
£280,000 for the freehold investment.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.