Auction 24 - Lot 5




INVESTMENT

APPROX ANNUAL RENTAL VALUE - £36,000

351 WOODCHRUCH ROAD, PRENTON, CH42 8PE

WHY BUY?
- Desirable location
- Close to all amenities
- Excellent return on investment
- Close to Sainsbury's

DESCRIPTION
A middle terrace property in a parade of similar units. The property is currently configured for retail on the ground floor and office use on the upper two floors. These floors could be relatively easily reconfigured to provide, two 1 bedroom flats on each floor subject to the relevant planning consents. The ground floor has been refurbished to a very high standard and this floor is let on a five year Full Repairing and Insuring lease dated from 14th February 2010 at a passing rent of £26,400 per annum with a rent review in the third year. The rent is due monthly in advance and there is a rent deposit of £10,000

LOCATION
The property is located in Prenton Shopping Centre which is a busy retail area serving the local community. Sainsbury's are situated over the road.

ACCOMMODATION

GROUND FLOOR: Retail Unit - No access. We are informed by the Vendor that is comprises of 900sq.ft

FIRST FLOOR: 51.6m.sq (555sq.ft)

SECOND FLOOR: 55.5m.sq (597sq.ft)

Information packs:

Legal Pack - Click to View
Additional Legal Documents - Click to View

351 Woodchurch Road,Birkenhead,Merseyside
CH42 8PE

RESERVE PRICE £340,000

The auction for this lot was held at 14:00:00 GMT on 23/07/2010