About this property

A substantial three storey plus basement detached commercial property. The ground and first floor comprises a pet shop, carpet show room and ladies only gym which is let to the same tenant on a 7 year lease from 1st January 2023 to 1st January 2030 producing a rental income of £24,000 per annum.

The second floor is derelict and would be suitable for redevelopment, subject to gaining any necessary consents. There is also a phone mast on the roof which is let on a lease from 15th October 2013 until 14th October 2063 at a peppercorn rent. The property benefits from partial double glazing and roller shutters.

Listed By

Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY

t. 0151 207 6315
f. 0151 207 6316
auctions@suttonkersh.co.uk

Full Description

Tenure - Freehold


Situated

The property fronts Borough Road at its junction with Hatherly Street in a popular area within close proximity to local amenities and transport links. Liverpool city centre is approximately 5.5 miles away.

Lower Ground Floor

Basement - Not Inspected

Ground Floor

Pet Shop Retail Unit - Main Sales Area, Various Rooms, Store Room
Carpet Show Room, Store Room, Office
Hall, Ladies & Gentleman's WC's, Store Room, Kitchen Area

First Floor

Gym - Main Gym Area, Office, Store Room, Ladies and Gent's WC's
Hall

Second Floor

Various Rooms which are mostly back to bare brick - Not Inspected

EPC Rating

Unit 1 - C
Unit 2 - D
Unit 3 - C

Photos
Map

140 Borough Road, Wallasey, Merseyside

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* Guide Price

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* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyer's Fee

You will also pay a Buyers Administration Charge, to the auctioneers of 1.35%+VAT of the purchase price subject to a minimum fee of £1,800 + VAT (unless otherwise stated in the property description in the catalogue or addendum).

Legal Packs

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