144 Borough Road, Wallasey
Size
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Tenure
Leasehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Key features
- High Yielding Retail Investment
- Let to Tattoo Shop
- Producing £4,500 per annum
- Tenant Holding Over
- Asset Management Potential
- Established and Popular Location
- VAT-Free Investment
- Investment Let at £4,500 p.a. (11.25% GIY on Guide Price)
Description
Arranged across ground floor only, the property is let to a tenant trading as a tattoo shop.
The current lease has expired and is at a contracted rent of £3,600 per annum, however we understand the tenant is currently paying £4,500 per annum. We therefore consider the property offers an asset management opportunity.
The property forms part of a popular local retail parade and forms the principal local amenity for the surrounding residential area.
- Service charge
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- Business rates
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- Use class
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- Listed building
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- Tenure
- Leasehold
- Length of lease
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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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144 Borough Road, Wallasey
About Savills National , Savills Auctions- Commercial
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Disclaimer - Property reference 1F02E744-D66E-49C3-BC83-4F7EFABB75FA. 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.