Wallasey Road, Wallasey, Merseyside, CH44

Exceptional And Spacious Mixed-Use Investment Opportunity in Liscard

National Residential are excited to present this prime mixed-use commercial property with a two-bedroom flat above, situated in the vibrant heart of Liscard. Fully tenanted and generating immediate income, this freehold property is an ideal opportunity for savvy investors seeking a reliable and profitable asset.

Property Overview:
* Ground Floor Commercial Unit: Currently leased to a Thai Massage Parlour, generating £550 per month (£6,600 per annum), with a confirmed rent increase to £600 per month (£7,200 per annum) from 01/12/24. Consisting of main shop front reception area, 3 separate massage rooms, WC and kitchen area.
* First-Floor Spacious Two-Bedroom Flat: Leased at £475 per month (£5,700 per annum), with a rent increase scheduled to £525 per month (£6,300 per annum) from 18/12/24. Consisting of lounge/dining room, bathroom, kitchen/utility room and 2 double bedrooms.

The current tenant also operates the business on the ground floor, ensuring stable and reliable occupancy for both units.
Both the shop and flat are immaculately maintained, fully occupied, and offer consistent rental income, with future rent increases already scheduled, enhancing the overall yield and value of this investment.

Financial Highlights:
* Current Gross Yield: 7.69%, increasing to 8.44% from December 2024.
* Immediate Income with Potential for Further Growth: The scheduled rent increases provide a boost to the rental income, making this property even more attractive to investors.

Location Advantages:
This property benefits from its prime location in the heart of Liscard, just a short walk from a variety of shops, cafés, and essential amenities. It's also well-served by excellent transport links, with regular bus routes to Birkenhead and Liverpool accessible from nearby Wallasey Road.
For commuters, the Liverpool tunnel and M53 are just a short drive away, offering quick access to Chester, the M56, and beyond. Liscard is a bustling area with high tenant demand, ensuring continued occupancy and steady income.

Why Invest?
This mixed-use property offers not only immediate income but also potential for further rental growth and long-term capital appreciation. It's a fantastic opportunity for investors looking to add a high-yield property in a desirable location to their portfolio.

Viewings:
Please watch our online video tour for a closer look at the property and it's layout. Viewings are highly recommended to fully appreciate the property's potential and the desirable location.
For further information or to arrange a viewing, please contact our dedicated specialist sales advisor. Your future home or investment opportunity awaits-schedule your viewing today!

This property is ONLY available for purchasers who are NOT in a chain.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.