£210,000
(£433.55/sq. ft)
Property for sale81 Widnes Road, Widnes WA8
484 sq. ft
Freehold
About this property
Multi Occupancy
Corner Position
Town Centre Location
Two Retail Units & One Flat
10% plus Yield ROI
Good Vehicular Access
Description
We are delighted to offer for sale this multi tenanted mixed use investment property, that is fully let and income producing currently.
The property comprises two ground floor commercial units and a first floor flat.
The current total gross income stream amounts to £22,200 per annum.
The front ground floor is let to an established vape shop operator and the other sections are let to private individuals.
We consider there to be a good opportunity for future rental growth.
There are wc facilities included in each lettable part.
Location
The property is prominently situated on the corner of Widnes Road and Salisbury Street, close to the junction of Albert Road, within Widnes Retail centre.
The frontage is pedestrianised and the side and rear benefit from convenient vehicular access.
To the rear of the property is a large car park facility.
Asking Price
£210,000.
Services
Mains electricity, water and drainage are connected.
Tenure
Multiple Long Leasehold Titles.
Anti-Money Laundering Regulations
In accordance with Anti-Money Laundering Regulations, two forms of Identification and confirmation of the source of funding will be required from the successful purchaser.
Yield
A purchase at the asking price represents a gross yield of more than 10.5%, before any deductions to the gross rental income are applied or purchase costs.
Accommodation
Ground Floor Front Shop - Vape Shop
Ground Floor Rear Shop - Florist
First Floor Flat
VAT
We are advised that the property is not applicable to VAT.
We are delighted to offer for sale this multi tenanted mixed use investment property, that is fully let and income producing currently.
The property comprises two ground floor commercial units and a first floor flat.
The current total gross income stream amounts to £22,200 per annum.
The front ground floor is let to an established vape shop operator and the other sections are let to private individuals.
We consider there to be a good opportunity for future rental growth.
There are wc facilities included in each lettable part.
Location
The property is prominently situated on the corner of Widnes Road and Salisbury Street, close to the junction of Albert Road, within Widnes Retail centre.
The frontage is pedestrianised and the side and rear benefit from convenient vehicular access.
To the rear of the property is a large car park facility.
Asking Price
£210,000.
Services
Mains electricity, water and drainage are connected.
Tenure
Multiple Long Leasehold Titles.
Anti-Money Laundering Regulations
In accordance with Anti-Money Laundering Regulations, two forms of Identification and confirmation of the source of funding will be required from the successful purchaser.
Yield
A purchase at the asking price represents a gross yield of more than 10.5%, before any deductions to the gross rental income are applied or purchase costs.
Accommodation
Ground Floor Front Shop - Vape Shop
Ground Floor Rear Shop - Florist
First Floor Flat
VAT
We are advised that the property is not applicable to VAT.
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