Commercial property for sale in Rockvilla Hotel, 329 Old Chester Road, Birkenhead, Merseyside CH42
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Sutton Kersh Are Pleased To Offer For Sale By Public Auction On : Thursday, 24 October 2024 at
- Virtual Livestream Online Auction
- Lot Number : 2
- Commercial Investment
- Freehold
- £265,000 +
Property description
The ground floor is currently let by way of a 5 year lease from 2022 at a rental income of £1,500 pcm (£18,000 per annum). We are advised that the ground floor has recently been renovated to a high standard by the tenant.
Once the works have been completed, the potential rental income from 6 x 1 bedroomed self contained apartments would be approximately £39,600 per annum or alternatively they could be sold off separately. The total rental income once fully let would be approximately £58,000 per annum.
Plans are available for inspection
Planning ref: App/22/00434
Situated
Fronting Old Chester Road close to its junction with Bedford Road in a popular location close to local amenities, schooling, Victoria Park and approximately 1.5 miles from Birkenhead Town Centre and Queensway Tunnel linking to Liverpool City Centre.
Cellar
Not inspected.
Ground Floor
Public House
First Floor
Various Rooms.
Outside
Yard to the Rear.
EPC Rating
C.
Get ready to bid by visiting the auctioneers website
guide prices & reserve prices
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
For more information about this property, please contact
Sutton Kersh - Auctions, L3 on +44 151 382 0018 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sutton Kersh - Auctions, and do not constitute property particulars. Please contact Sutton Kersh - 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.