Commercial property for sale in The Pyramids, Grange Road, Birkenhead CH41
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Property features
- To be offered on Tuesday 3 September
- High Yielding Retail Investment
- Let as a Restaurant (t/a Caribbean Spice)
- Lease Expires 31/08/2024
- Producing £6,300 per annum
- Established and Popular Location
- Asset Management Potential
- Guide Price Reflects 14% Gross Yield
- Adjacent Lots Available
Property description
Strapline
Auction Sale - 03/09/2024
High Yielding Retail Investment with Frontage to a High Footfall Street
Let as a Restaurant (t/a Caribbean Spice) on a Lease Expiring 31/08/2024 and Producing £6,300 per annum
Description
The property comprises a high yielding retail investment fronting a popular retail street.
Arranged across ground floor only, the property is let on a lease to a tenant trading as Caribbean Spice Restaurant expiring 31/08/2024 and producing £6,300 per annum.
Grange Road is the principal retailing street in Birkenhead, with the property occupying a secondary pitch characterised by many local retailers. The street enjoys very low levels of vacancy and high footfall.
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
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.