40 Wallasey Road, Wallasey
Size
1,069
Tenure
Freehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Key features
- High Yielding Retail Investment
- Ground Floor Retail Unit and Upper Parts
- Let to Private Individual t/a Opticians
- 10 Year Lease Expired 18.03.2013 - Tenant Holding Over for 10 + Years
- Long Standing Tenant of 20+ Years
- Asset Management Potential Via Renewal
- 1,069 sq ft (99.31 sq m)
- Forms Part of a Popular Parade
- Investment Let at £14,000 p.a. (14% GIY on Guide Price)
Description
Arranged as a ground floor retail unit with ancillary upper parts to the first floor, the property is fully let to a Private Individual t/a an Opticians on a 10 year lease which expired 18.03.2013 and paying £14,000 per annum.
We understand the tenant is continuing to occupy the premises and pay rent, therefore the tenant is holding over and we consider the property offers asset management potential via renewal of the lease. The tenant is a long standing occupier of 20+ years displaying confidence in the location.
The property occupies a prominent pitch forming part of a popular parade fronting Wallasey Road. The property forms part of the principal retail amenity within Liscard with nearby occupiers including KFC, Boots, McDonalds and Primark.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
Unclassified
- Environmental description
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40 Wallasey Road, Wallasey
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Disclaimer - Property reference 03E2588A-554E-4705-8E1C-53BBC873C8A0. 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 Savills National , Savills Auctions- Commercial. 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.