Grange Mount, Birkenhead, CH43 4XN

We are delighted to offer for sale a mixed residential and commercial site, comprising of a commercial unit to the front, and 10 residential flats to the ground, first and second floors to the rear.

The residential units are fully self-contained with communal access to the side of the building. The flats are all of a similar layout, and comprise of a living room with kitchen area, shower room with separate WC and generous sized bedroom/s. Also further benefitting from gas central heating and UPVC double glazing throughout.

The commercial element is a large open plan unit currently trading as a hand car wash with ample yard space to the front aspect.

All flats are currently let on a periodic AST producing an annual income of £5,360 pcm (£64,320 pa)

The generous sized commercial premises are currently trading as hand car wash (new lease to be agreed) producing an annual income of £7,200 pa.

There is a basement on a short contract of £600 pcm (£7,200 pa)

Total income produced is £78,720 pa which provides a healthy yield of 11.5%.

The site is set in a convenient location within Birkenhead which provides a wide range of amenities including primary and secondary schools, shops, local bars and restaurants, and regular transport links to Liverpool and surrounding areas.

One to view!

*Please note proof of funds is required for viewings*