Auction Property Details

90 Woodchurch Lane, Birkenhead, CH42 9PD

Lot 7 - 31.03.2015

WITHDRAWN

FOR SALE BY PUBLIC AUCTION TUESDAY 31ST MARCH 2015 AT LIVERPOOL TOWN HALL

90 WOODCHURCH LANE, BIRKENHEAD, CH42 9PD

MIXED USE

WHY BUY?
Substantial mixed use property
Producing £25,745 per annum
Potential for further flat STPP

DESCRIPTION
A substantial mixed use property comprising of a ground floor retail/office unit with three self-contained flats and two bedsits to the rear over three floors. The residential accommodation has recently undergone a scheme of upgrading and the property is now fully let producing £25,745 per annum. All rents are up to date on Assured Shorthold Tenancies with three being paid directly via housing benefit and two further tenants in employment. The retail/office unit is let on a month to month basis at a rent of £400pcm. There is potential if required to convert the ground unit to a further self-contained flat subject to the relevant permissions.

LOCATION
Woodchurch Lane is situated of the main A552 Woodchurch road in the Prenton area of Wirral, the surrounding area comprises of a mix of retail and residential properties.

ACCOMMODATION
Retail Unit: Sales area, rear office, kitchen, WC, total approximately 600 ²ft - producing £4,800pa
Flat 1: Lounge/bedroom, kitchen, shower room/WC - producing £3,900pa
Flat 2: Lounge, kitchen, bedroom, bathroom/WC - producing £4875pa
Bedsit 3: Bedroom, separate kitchen and shower room/WC - producing £3,770pa
Bedsit 4: Bedroom, separate kitchen and shower room/WC - producing £3,600pa
Flat 5: Lounge, kitchen, 2 bedrooms, shower room/WC - producing £4,800pa

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.