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Holt Road, Higher Tranmere, CH41

£495,000

Business rates & charges may apply

Property Centre, Wallasey
SIZE

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SECTOR

Commercial property for sale

Key features

  • Commercial multi let investment
  • Freehold building
  • Generated income of £53k excluding VAT
  • Ample on site parking
  • Located close to excellent transport links
  • Great yield of 11% pa
  • One to view
  • VAT PAYABLE
  • Development Site Subject to planning

Description

Fantastic opportunity to purchase this multi-let commercial building

The property benefits from a generous on site car parking. The income is generated from a supported living operator, telecommunications infrastructure, and ancillary commercial occupiers.
Whilst the income is diversified, the property is mainly supported by a single long standing occupier.

NET INCOME POSITION (vat exclusive) Active 8 Support Services: £39,000 Inn-Post Locker: £1,600 Vodafone Mast: £4,900 Birdseye Roofing: £7,800

Total Gross Income is £63,500 per annum.
NET INCOME - £53,300 P/A

OPERATING COSTS: We understand that the Landlord held operating costs are confirmed as £850 pcm (£10,200 pa).

Holt Road is located close to excellent links to all parts of the Wirral, Liverpool and Chester. Whether you are an experienced investor or looking to enter the commercial property market, then this property offers a great yield of 11% pa.

Potential Development Site Subject to planning


All Viewings stricly with agent

Holt Road, Higher Tranmere, CH41

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Green Lane Station0.2 miles
  • Birkenhead Central Station0.5 miles
  • Rock Ferry Station0.7 miles

About Property Centre, Wallasey

90-92 Wallasey Road, Wallasey, CH44

Notes

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