Seaview Road, Wallasey, Merseyside, CH45
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- SIZE
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- SECTOR
Commercial property for sale
Key features
- COMMERCIAL AND RESIDENTIAL MIXED USE BLOCK
- TENANTED BLOCK OF APARTMENTS ON FIRST FLOOR
- COMMERCIAL UNITS ON GROUND FLOOR
- HIGH YIELDING BLOCK WITH ROOM TO MODERNISE
- CLOSE TO SHOPPING CENTRE
- INCOME PRODUCING ASSET
- £61,800 FROM TENANTED FLATS
- £18,200 FROM GROUND RENTS AND COMMERCIALS POTENTIAL
- FULLY MANAGED
- SELF CONTAINED FLATS
Description
Income producing, it currently brings in:
- £61,800 rental income from the 10 flats. 6x 1 beds and 4 x 2 beds.
- £12,000 rental income from 2 commercial units. The third unit will be vacant on purchase and is currently being used by the owner. Both commercial units are on rolling contracts and underlet.
With its current rental amounts - at a conservative rent, all 3 let would bring in £18000 when fully let .
- £200 in ground rents are available from remainder of 6 commercials sold on long leases. (Not collected).
Total rental income potential £80,000.
All the flats are self contained and have separate electric meters.
The building is fully managed by a local agent and all the residential flats are on AST's.
Please contact us and ask for pdf on the fully details of the commercials and residential units.
Seaview Road, Wallasey, Merseyside, CH45
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wallasey Village Station1.0 miles
- Wallasey Grove Road Station1.1 miles
- New Brighton Station1.1 miles
About The Block Buying Company, UK
10 - 12 East Parade Leeds LS1 2BH
Notes
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