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Back to search Home Countries Unknown Birkenhead Mill Lane, Wallasey, CH44
GBP200,000
Mill Lane, Wallasey, CH44
Mill Lane, Wallasey, CH44
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About this home

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

Key Features: • COMMERCIAL FREEHOLD INVESTMENT • SHOP & 2 BED FLAT WITH TENANT'S IN SITU • TOTAL INCOME £25,360 PA • HEALTHY YIELD 12% • BUSY LOCATION - HIGH FOOTFALL • CLOSE TO LISCARD SHOPPING CENTRE • GREAT INVESTMENT • ONE TO VIEW

Location: • Nearest Station: Birkenhead North Station • Distance to Station: 1.0 miles

Agent Information: • Address: 90-92 Wallasey Road, Wallasey, CH44

Full Description: Offering a great return on capital growth of 12%, is this attractive Freehold commercial property with tenant's in situ.The shop is currently trading as a successful cafe/restaurant at rent of £400 per week, and the flat above at £380 pcm, providing a total of income of £25,360 pa. This provides a healthy yield of 12%. The shop is on a 5 year lease and due for renewal in March 2025 and the flat is on a rolling periodic AST. Enjoying a great location in a busy parade of shops and a stones' throw away from Liscard shopping centre. It benefits from the mixed commercial and residential use, with excellent transport links right on the doorstep, and the M53 motorway and Liverpool approach road a short drive away. COMPRISING:Main trading area: 29'6" x 15'11" Bar: 14'0" x 9'3" Kitchen: 15'9" x 9'4" The two bedroom first floor flat is accessed via the rear with it's own separate entrance, benefitting from gas central heating and double glazing. If you are looking to expand your investment portfolio, this property has it all. Nb to all customers, business is not affected!Early viewing recommended.

Property facts

Property type
Ask agent
Days on market
526 days

Features & amenities

Features & finishes
COMMERCIAL FREEHOLD INVESTMENT
SHOP & 2 BED FLAT WITH TENANT'S IN SITU
TOTAL INCOME £25
360 PA
HEALTHY YIELD 12%
BUSY LOCATION - HIGH FOOTFALL
CLOSE TO LISCARD SHOPPING CENTRE
GREAT INVESTMENT
ONE TO VIEW

Location

Approximate location · exact address shared on inquiry

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Property Centre, Wallasey
Property Centre, Wallasey
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