Commercial Property for saleLarge development site close to the town centre
Withdrawn from Market £280,000
- Light commercial or warehousing units
- Large site with car parking
- Close to Birkenhead town centre
- Excellent development opportunity (STP)
- High yield property
- SIPP complient investment
Craven Business Centre
Superb investment opportunity subject to planning consent
Currently established as 6 individual light industrial / warehousing units within a business centre, this site has excellent development potential.
The site has parking for approximately 30 cars within a secure yard and offers a good yield as is, or the opportunity to redevelop the site for residential use (STP).
Craven Business Centre is less than 500 metres from the centre of Birkenhead and adjacent to the new £35 Million Asda development and the £6 Million Hive Youth Zone. The area has benefitted from a range of other development initiatives and has lots of passing trade.
Thislarge brick built predominantly single storey building has been converted to provide six warehouse/commercial units. Five of these are accessed via the private car park with the final unit having direct access from Bentinck St. The car park is surrounded by steel palisade fencing.
Three of the six units are currently leased. The current owner has only recently started re-marketing the property and we have had serious expressions of interest from prospective tenants enticed by the low asking rent of £2.50 - £4.50 / Sq Ft.
The site would benefit from a scheme of improvements to increase passing rents, or offer a developer an opportunity to pick up a large development site close to the town centre.
Three out of six units are currently tenanted.
UNIT Area sq ft(approx.) Current / recent past use
1A 740 Car repair garage and MOT centre
1 2,023 Storage
2 2,680 Auto glass repair centre
3 1,937 Offices
4 4,931 Offices and training centre
5 3,554 Garage / vehicle repair
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