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Retail Unit

Price:
Freehold - £121,000
Seller Ref:
V5431
Location:

Merseyside , New Brighton

Business Type:

Commercial Property

See Other:
Retail space for sale in Merseyside
Commercial property for sale in Merseyside
Description:
THE BUSINESS:
Location
The premises are located on the A544, Seabank Road, in the New Birghton area of Wallasey. This is a densely populated residential area as well as having a number of retail outlets.

Premises History
The premises have been used as an antique shop since approximately 1989. The unit benefits from a workshop at the rear of the premises together with a two bedroom self contained flat above.

Tenure
The retail unit is freehold and the flat has a joint freehold and long leasehold title. This is because the flat was extended in approximately 1989. The extention now has the residue of a 999 year lease from that date. The vendor advises that the lease is at a peppercorn rent of fifty pence per annum. Jolley & Co. have not examined any lease or title documentation and a buyer must arrange for their solicitor to verify that this information is correct.

Uniform Business Rates
Wirral Borough Council have verbally provided the following information: Rateable Value: £1,525 Rates Payable 2009/10: £733.00. Small Business Rate Relief may be claimable upon application. Council Tax re flat: Band 'A'. Payable 2009/10 £966.11.

Council Tax Re: Flat
Band Payable 2010/11: £TBC.

Accommodation
The shop comprises split level shop premises amounting to 43.8m² (471.5ft²).

Outside
The premises benefit from a Victorian style pedestian canopy to the front of the property and are protected by roller shutters. There is a small flagged garden to the rear together with a workshop and toilet.

Workshop & Toilet
This comprises approximately 18.06m² (194.40ft²) which includes an enclosed toilet.

Fixtures & Fittings
A schedule of fixtures & fittings will be made available for prospective buyers.

Price
£121,000 for the freehold and long leasehold property
Accommodation:
First Floor Flat This was well presented at the time of our visit. The flat benefits from carpets, central heating and double glazing and comprises two bedrooms, a lounge with feature fireplace, bathroom and modern kitchen / diner.
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