Auction Property Details

117 - 119 Wallasey Chinese Restaurant, W, Wallasey, CH44 2AA

Lot 29 - 21.11.2012

WITHDRAWN

FOR SALE BY AUCTION 21ST NOVEMBER 2012 - 117-119 WALLASEY ROAD, WALLASEY, CH44 2AA

COMMERCIAL

WHY BUY?
Substantial mixed use premises
Fully equipped 80 cover restaurant with A3 consent
Prominent location
Potential for 3 self contained flats above

DESCRIPTION/ LOCATION
A substantial mixed use premises trading for many years as a popular Chinese restaurant with takeaway facility, fully licensed. Approximately 2,000 ft² with covers for approx 80. Trading up until Oct 2011 with fully equipped kitchen, bar, customer and staff toilets etc.

The substantial first floor accommodation has been part converted into three self contained flats and now requires a finishing scheme of works. Once refurbishment is complete the flats could produce an income of approximately £11,000 p.a.

The property is situated in a prominent position fronting Wallasey Road on a busy crossroads with an attractive arcade frontage within Wallasey town centre.

ACCOMMODATION:

Ground Floor: Approximately 2,000 ft² in total, restaurant area, bar, kitchens, staff toilets, customer toilets, storage and ancillary

First Floor: 1 x 2 Bedroom Flat
1 x 3 Bedroom Flat
1 x Studio Flat

Outside: Yard to rear

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.