WIRRAL - MIXED USE INVESTMENT PROPERTY IN DESIRABLE TOWN OF HOYLAKE
Hoylake, Wirral
Ref: 90979
Freehold £280,000
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Key Features
Precis
Commercial and residential property in the desirable town of Hoylake.
Location
Hoylake is a seaside town located on the northwest corner of the Wirral Peninsula. The closest sizeable towns are Liverpool and Chester, 12 and 20 miles distant respectively. Hoylake offers a large range of restaurants and cafés and is also home to the Royal Liverpool Golf Club. The M53 provides access to Chester and North Wales, and the Kingsway provides access to Liverpool and Preston. Hoylake and Manor Road train stations, which run on Mersey Rail, are within a one mile radius of the property. Buses run through the town regularly and Liverpool’s John Lennon Airport is located approximately 20 miles east.
27 Grove Road is a mid-terraced property in a predominantly residential area and is of brick construction under a tiled roof. The property, which must be viewed to be appreciated, is briefly described as follows:-
27 Grove Road is a mid-terraced property in a predominantly residential area and is of brick construction under a tiled roof. The property, which must be viewed to be appreciated, is briefly described as follows:-
Property
TRADE AREAS
From the Grove Road entrance is the ground floor commercial unit with open TRADE AREA benefitting from serving counter, loose and fitted shelving, free standing and fitted refrigeration units and air conditioning. To the rear is additional storage and a COOLER ROOM.
OWNERS ACCOMMODATION
To the rear of the building is a private entrance to the residential accommodation. This comprises entrance hall with laminate floor. Stairs leading to first floor with carpeted LOUNGE AREA benefitting from a fireplace. The first floor also includes a DOUBLE BEDROOM, BATHROOM AND KITCHEN. To the second floor is a MASTER BEDROOM and SINGLE BEDROOM.
EXTERNAL
To the front of the property is a small concrete yard area.
From the Grove Road entrance is the ground floor commercial unit with open TRADE AREA benefitting from serving counter, loose and fitted shelving, free standing and fitted refrigeration units and air conditioning. To the rear is additional storage and a COOLER ROOM.
OWNERS ACCOMMODATION
To the rear of the building is a private entrance to the residential accommodation. This comprises entrance hall with laminate floor. Stairs leading to first floor with carpeted LOUNGE AREA benefitting from a fireplace. The first floor also includes a DOUBLE BEDROOM, BATHROOM AND KITCHEN. To the second floor is a MASTER BEDROOM and SINGLE BEDROOM.
EXTERNAL
To the front of the property is a small concrete yard area.
The Business
Our clients advise us that the business is let on a 15 year lease, commencing in 2016. The business generates an income of £650pcm. The residential unit generates a rent of £750pcm with scope to increase. The current tenants have been in situ for 12 months and wish to reside at the property long term.
The Property would be a great opportunity for any investor.
The Property would be a great opportunity for any investor.
Tenure
£280,000 for the freehold investment.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
Licence
A premises licence is held.
Services
Mains water, electricity, gas and drainage.
CCTV system and full alarm system.
CCTV system and full alarm system.
Enquire about this listing
Dean McVay
North West
