Lot 13 - Thursday 17th October 2019 -18,20 & 22 Seaview Road, Wallasey, Merseyside, CH45 4LA
SOLD £125,000
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For Sale 17th October 2019
WHY BUY?
3 x Commercial units
Close to Wallasey Town Centre
Achieving a current income of £12,000pa
Potential 15% Yield Return
DESCRIPTION
A great opportunity to purchase three commercial premises in a busy part of Wallasey on the Wirral. The sale of this lot comprises 3 separate ground floor commercial units. No.18 Seaview Road is currently vacant however the other 2 units are both let out producing an annual rental income of £12,000 per annum. No. 20 is currently being used a Vape shop and No. 22 is currently let as a Cafe. Each unit boasts a strong footfall presence due to its location in the centre of Liscard with all shops benefiting from a WC and storeroom.
LOCATION
The properties are ideally located on Seaview Road, just stone throw away from the main busy shopping district.
ACCOMMODATION
18 Seaview Road: Vacant
20 Seaview Road: Vape Shop (Marley's) currently let @ £500pcm
22 Seaview Road: Cafe let @ £500pcm on a 3 year lease
TENURE
Freehold
AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1000 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.