Upon Instructions of
WIRRAL

Office Investment
Producing £9,000 Per Annum
Approximately 188.40 Sq M (2,078 Sq Ft)
Freehold
Site of Approximately 0.024 Hectares (0.06 Acres)

Description
The property comprises a two storey detached brick built office accommodation beneath a flat roof, currently producing an income of £9,000 per annum on a lease expiring 1 November 2027.
The ground floor comprises two reception areas and five offices approximately 104.20 sq m (1,122 sq ft) the first floor provides kitchen, male and female WC facilities, key cupboard and four offices and is approximately 84.20 sq m (906 sq ft).

The property is on a site of approximately 0.024 hectares (0.06 acres).

Location
The subject property is located in Wallasey within the Metropolitan Borough of Wirral, in Merseyside. The property is on Liscard Village and it forms part of the main shopping area being a short distance from Liscard Way and the Cherry Tree Shopping Centre. At the 2021 Census, the population was 85,611.

Wallasey is located at the northern end of the Wirral Peninsula, 3 miles north of Birkenhead. The M53 begins at the town's edge and access to Central Liverpool is provided by the Kingsway Tunnel.

Tenure
Freehold under Title Number MS587620.

Tenancy
The property is occupied under the terms of an FRI lease agreement dated 15 February 2024 from 1 November 2021 expiring on 1 November 2027. There is a rent review provision in November 2024.

Planning Authority
Wirral Council - www.wirral.gov.uk

Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.

VAT
Refer to the legal documentation

Energy Performance Certificate
C:65

Contact
Lucy Garner
02071982000

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply.