Commercial property for sale in Borough Road, Wallasey CH44

From £80,000
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Commercial property for sale

Property features

  • To be offered on Tuesday 3 September
  • High Yielding Retail Investment
  • Let to Quality Matters Limited (t/a GoLocal)
  • Lease Expires 10/02/2030
  • Producing £12,000 per annum
  • Asset Management Potential
  • Established and Popular Location
  • Guide Price Reflects 15% Gross Yield
  • Adjacent Properties Available

Property description

Strapline

Auction Sale - 03/09/2024

High Yielding Convenience Store Investment

Let to Quality Matters Limited (t/a GoLocal) on a Lease Expiring 10/02/2030 and paying £12,000 per annum

Description



The property comprises a high yielding retail investment forming part of a popular local retail parade.

Arranged across ground floor only, the property is let to Quality Matters Limited trading as GoLocal, a convenience store on a lease expiring 10/02/2030 and paying £12,000 per annum.

The property forms part of a popular local retail parade and forms the principal local amenity for the surrounding residential area. The store itself provides the only nearby grocery amenity for a number of locals, with the only supermarket nearby being a Tesco which is approximately 0.2 miles to the north west.

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For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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