Offering a good return of capitol growth of 9.5% per annum, is this surprisingly spacious commercial property with tenant’s in situ.
The shop is currently trading as a hair and beauty salon @ £500 pcm on a 2 year full repairing lease from July 2020 and the maisonette above, at £450 pcm, providing a total income of £11,400 per annum.
The property briefly comprises of, to the ground floor: main trading area, generous storage room with WC and kitchen with back door leading to outside yard and access to accommodation. Upstairs is set across two floors and benefits from three bedrooms, kitchen and bathroom.
Being located in a prime commercial spot on Grange Road West, just a stone’s throw from Birkenhead Town Centre this property has a great deal of passing trade and a high footfall which is ideal for a new or expanding business.
With an abundance of public transport services within a short walk away this is a good spot for commuters and Birkenhead Tunnel is just round the corner so gives great access to Liverpool.
View early as interest is expected to be keen.
- COMMERCIAL INVESTMENT
- GREAT 9.5% YIELD
- TENANT’S IN SITU
- SPACIOUS SHOP
- 3 BED MAISONETTE ABOVE
- VIEW EARLY
MAIN TRADING AREA 28’0″ x 13’7″ (8.53m x 4.14m)
Spacious trading area with laminate flooring, commercial lighting.
TREATMENT ROOM 9’5″ x 7’1″ (2.87m x 2.16m)
KITCHEN 13’9″ x 7’2″ (4.19m x 2.18m)
Tiled flooring and fully tiled walls. UPVC back door leading to yard and access to upstairs.
Tiled flooring and fully tiled walls.
STAIRS LEADING TO
KITCHEN 11’8″ x 6’11” (3.56m x 2.11m)
With vinyl flooring, wall and base units. SPace for appliances, tiled splashback.
LIVING ROOM 15’9″ x 13’7″ (4.80m x 4.14m)
Front aspect UPVC windows and central heating.
BEDROOM 1 10’5″ x 10’11” (3.18m x 3.33m)
Rear aspect UPVC window and central heating.
Bath, WC and sink.
STAIRS LEADING TO
Attic bedroom, with velux window.
BEDROOM 3 10’11” x 10’5″ (3.33m x 3.18m)
With front aspect UPVC and central heating.Price: Asking price of £125,000
- Address: 11, Grange Road West, Birkenhead, Wirral, CH41 4BY
- Price: Asking price of £125,000
- Status: SSTC
- Bedrooms: 3