£490,000

Retail premises for sale

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Freehold

£490,000

Retail premises for sale

Holt Road, Higher Tranmere CH41

Local area information

Property location

Nearby amenities

  • Green Lane 0.2 miles
  • Mersey Park Primary School 0.3 miles
  • Well Lane Primary School 0.4 miles
  • Birkenhead Central 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Birkenhead to find out more about the local area.

Features and description

  • Freehold
  • 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
Detailed 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

More information

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  1. Zoopla
  2. Commercial for sale
  3. Merseyside
  4. Birkenhead
  5. Tranmere
  6. Holt Road