Rockvilla Hotel, 329 Old Chester Road, Birkenhead, Merseyside
- PROPERTY TYPE
Commercial Property
- BEDROOMS
6
- SIZE
Ask agent
Key features
- Sutton Kersh Are Pleased To Offer For Sale By Public Auction On : Thursday, 24 October 2024 at
- Virtual Livestream Online Auction
- Lot Number : 17
- Commercial Investment
- Freehold
- £265,000 +
Description
The ground floor is currently let by way of a 5 year lease from 2022 at a rental income of £1,500 pcm (£18,000 per annum). We are advised that the ground floor has recently been renovated to a high standard by the tenant.
Once the works have been completed, the potential rental income from 6 x 1 bedroomed self contained apartments would be approximately £39,600 per annum or alternatively they could be sold off separately. The total rental income once fully let would be approximately £58,000 per annum.
Plans are available for inspection
Planning ref: APP/22/00434
Situated
Fronting Old Chester Road close to its junction with Bedford Road in a popular location close to local amenities, schooling, Victoria Park and approximately 1.5 miles from Birkenhead Town Centre and Queensway Tunnel linking to Liverpool City Centre.
Cellar
Not inspected.
Ground Floor
Public House
First Floor
Various Rooms.
Outside
Yard to the Rear.
EPC Rating
C.
GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE
GUIDE PRICES & RESERVE PRICES
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
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.
Rockvilla Hotel, 329 Old Chester Road, Birkenhead, Merseyside
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Rock Ferry Station0.2 miles
- Green Lane Station0.8 miles
- Bebington Station1.1 miles
Notes
Disclaimer - Property reference 20377. 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 Sutton Kersh Auction, Liverpool - Auction. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Sutton Kersh Auction, Liverpool - Auction on 0151 207 6315.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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