Investment Property
- PROPERTY TYPE
Mixed Use
- SIZE
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Key features
- Retail Unit & 2 Bedroom Apartment
- Combined Income £18,300 PA
- Retail Unit - 10 Year Lease from 2023
- Apartment - 12 Month ASST
- Retail Unit - £10,800 PA
- Apartment - £7,500 PA
Description
Location
The property is situated on Mount Road, Tranmere, Wirral, between Borough Road and The Wiend. Tranmere is a densely populated area, close to local amenities and transport links.
Description
The subject premises comprises of a ground floor retail unit, trading as a barbers shop, with a two bedroom apartment above. The property is set within a mixed use parade of similar units with commercial elements below and residential accommodation above.
Retail Unit - 119 Mount Road
The ground floor retail unit extends to approximately 51.7m2 (556ft2) and briefly comprises of open salon and sales areas with kitchen to the rear.
Residential Accommodation - 119a Mount Road
The residential accommodation comprises a fitted kitchen, dining room, utility room, bathroom, lounge and two double bedrooms.
Tenancy Information
119 Mount Road – 10 Year Internally Repairing and Insuring (IRI) lease from October 2019 at £8,500 per annum, with no breaks and three year upward only rent reviews subject to minimum RPI increase. (October 2022 review outstanding at RPI this would increase rent to £8,925 per annum).
119a Mount Road – 6-month ASST at £450.00 pcm, generating an annual income of £5,400.
Tenure & Asking Price
Freehold. Offers are sought in excess of £180,000 for the property.
Viewings
For further information or to arrange a viewing of the premises please contact: Phil Jacob MRICS - -
Brochures
Property BrochureFull DetailsInvestment Property
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Rock Ferry Station0.7 miles
- Green Lane Station1.0 miles
- Bebington Station1.3 miles
About the agent
Frobishers, Hoylake
2A Alderley Road, Hoylake, CH47 2AX
As chartered surveyors and regulated members of the RICS we are skilled at providing in depth, expert impartial advice to existing clients, business and members of the public.
Service is at the heart of everything we do. We take the time to understand what you want and stop at nothing until we get the right result for you.
Trusted across the region, our extensive property knowledge provides local insight which is key to delivering a comprehensive service leading to successful sal
Industry affiliations
Notes
Disclaimer - Property reference 12003324. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Frobishers, Hoylake. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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