140 BOROUGH ROAD, WALLASEY, MERSEYSIDE

Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A

Key Features: • Sutton Kersh Are Pleased To Offer For Sale By Public Auction On : Thursday, 12 December 2024 at • Virtual Livestream Online Auction • Lot Number : 3 • Commercial Investment • Freehold • £225,000 +

Location: • Nearest Station: Birkenhead Park Station • Distance to Station: 1.2 miles

Agent Information: • Address: 2 Cotton Street, Liverpool, L3 7DY

Full Description: A substantial three storey plus basement detached commercial property. The ground and first floor comprises a pet shop, carpet show room and ladies only gym which is let to the same tenant on a 7 year lease from 1st January 2023 to 1st January 2030 producing a rental income of £24,000 per annum.The second floor is derelict and would be suitable for redevelopment, subject to gaining any necessary consents. There is also a phone mast on the roof which is let on a lease from 15th October 2013 until 14th October 2063 at a peppercorn rent. The property benefits from partial double glazing and roller shutters.SituatedThe property fronts Borough Road at its junction with Hatherly Street in a popular area within close proximity to local amenities and transport links. Liverpool city centre is approximately 5.5 miles away.Lower Ground FloorBasement - Not InspectedGround FloorPet Shop Retail Unit - Main Sales Area, Various Rooms, Store RoomCarpet Show Room, Store Room, OfficeHall, Ladies & Gentleman's WC's, Store Room, Kitchen AreaFirst FloorGym - Main Gym Area, Office, Store Room, Ladies and Gent's WC'sHallSecond FloorVarious Rooms which are mostly back to bare brick - Not InspectedEPC RatingUnit 1 - CUnit 2 - DUnit 3 - CGET READY TO BID BY VISITING THE AUCTIONEERS WEBSITEGUIDE PRICES & RESERVE PRICESGuide PriceAn indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.Reserve PriceThe seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.Both the guide price and the reserve price can be subject to change up to and including the day of the auction.