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150 Borough rd 319 sq ft 100% Let Retail Property Wallasey CH44 6NH £20,000 (£62.70/sq ft)
INVESTMENT HIGHLIGHTS
- High Yielding Retail Investment
- Lease Expires 26.05.2028
- Prominent Corner Pitch
- Investment let at £6,000 p.a. (30% GIY on Guide Price)
- Let on New Three Year Lease
- 319 sq ft (29.65 sq m)
- Established and Popular Location
EXECUTIVE SUMMARY
Lot 119A is available for sale at Savills' to be held on 2nd July 2025
The property comprises a Long Leasehold investment.
The asking price is £20,000
The property comprises a vacant retail unit forming part of a popular local parade. Arranged across ground floor only, and benefitting from a prominent corner position with return frontage; the property provides 319 sq ft (29.65 sq m) of accommodation and is let to a private individual t/a All Things African on a new three year lease expiring 26.05.2028 and paying £6,000 per annum. The property forms part of a popular local retail parade which comprises the principal local amenity for the surrounding residential area.
The property comprises a Long Leasehold investment.
The asking price is £20,000
The property comprises a vacant retail unit forming part of a popular local parade. Arranged across ground floor only, and benefitting from a prominent corner position with return frontage; the property provides 319 sq ft (29.65 sq m) of accommodation and is let to a private individual t/a All Things African on a new three year lease expiring 26.05.2028 and paying £6,000 per annum. The property forms part of a popular local retail parade which comprises the principal local amenity for the surrounding residential area.
PROPERTY FACTS Under Offer
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront
Property Size
319 sq ft
Costar Property Class
C
Year Built
1970
Price
£20,000
Price per sq ft
£62.70
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.37
Total Plot Size
0.02 ac
Frontage
56 ft on Borough Road
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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150 Borough rd
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