257, Grange Road, Birkenhead, Wirral, CH41 2RH

Commercial for sale

Asking price of £475000 

MIXED USE COMMERCIAL INVESTMENT

We are delighted to offer for sale a Grade II listed former banking hall which is currently being used as a mixed residential and commercial site, comprising of a commercial unit on the ground floor and three residential flats to the first and second floors.

The residential units are fully self-contained with access to the flats via on Whetstone Lane. All flats are of a good standard and all currently let on periodic ASTs producing an annual income of £16,740 per annum.

The commercial element is currently trading as Riviera, an Italian / Mediterranean Restaurant & Cocktail Lounge, let on a 10 year lease producing an annual income of £26,000 per annum. The restaurant has proven to be a popular choice for locals and received great online reviews.

The building is set in a convenient location within Birkenhead which provides a wide range of amenities including primary and secondary schools, a variety of shops, and regular transport links to Liverpool and surrounding areas.

  • MIXED USE COMMERCIAL INVESTMENT
  • FANTASTIC RENTAL YIELD OF 9%
  • CONVENIENT LOCATION
  • CONTACT OUR OFFICE FOR FURTHER INFORMATION
  • GREAT INVESTMENT
Price: Asking price of £475,000

Additional Details

  • Address: 257, Grange Road, Birkenhead, Wirral, CH41 2RH
  • Price: Asking price of £475,000
  • Status: Available

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