Retail Unit And Self Contained Flat For Sale

Business description

Retail Unit 43.8m² (471.5ft²)

Well Presented S/C Flat

Main Road Shopping Area

With Workshop

Flat Has D/Glazing + C/Heating

Freehold + Long Leasehold Title

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.

Council Tax Re: Flat:
Band '?' Payable 2009/10: £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.

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.

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

Property information

Property:

Freehold

Lease terms:

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.

Price:
£121,000 for the freehold and long leasehold property.

Location:

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.