Auction House London

Lot 95A

Mixed Use - Commercial Property 

245 & 245A Rake Lane

Wallasey, Merseyside, CH45 5DJ

Withdrawn Prior

A Mixed Use Commercial and Six Bedroom HMO Investment Part Let Producing £34,332 per annum. If Fully Let the ERV is £44,460 per annum

Description

The property comprises a mid terraced building arranged over ground and two upper floors internally laid out to provide a ground floor shop with six bedroom HMO self-contained flat above.

Tenure

Freehold

Location

The property is situated on an established parade close to other local shops and amenities. The open spaces of Vale Park are within easy reach. Transport links are provided by New Brighton rail station.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
245 Rake Lane Ground Retail Unit 1 (Gents Barber) 7 Year Commercial Lease From Oct 2018 £655 PCM
245 Rake Lane Ground Retail Unit 1 (Ladies Salon) 7 Year Commercial Lease From Oct 2020 £583 PCM
245A Rake Lane First
Second
Three Letting Rooms (with En-Suite) & Communal Reception/Kitchen
Three Letting Rooms (with En-Suite)
Individual Tenancies Currently Producing £1,623 pcm

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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Open House Viewings: For further information, please register for the legal pack. For all enquiries, please contact Jamie at jamie.weir@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 245 & 245A Rake Lane, Wallasey, Merseyside, CH45 5DJ

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