FOR SALE BY ONLINE AUCTION WEDNESDAY 19TH OF FEBRUARY 2025 AT 9AM - ***HUGE POTENTIAL ANNUAL RENTAL YIELD OF 24% BASED ON GUIDE PRICE!***FANTASTIC VACANT COMMERCIAL PROPERTY AVAILABLE IN PRIME WALLASEY LOCATION***SUITABLE FOR A VARIETY OF COMMERCIAL PURPOSES***
***BUSTLING AREA*** - Presenting a fantastic, prime commercial opportunity at 142 Borough Road, Wallasey, CH44 6NH—a vacant retail unit situated within a bustling local parade with a high footfall. Was formerly a barbers / hairdressers***
***VERSATILE*** - Over the years, this single storey, ground floor unit been refurbished and is situated at the end of a well established retail parade well served by the usual amenities. Suitable for a variety of commercial purposes. The internal accommodation extends to some 300 sq ft and comprises: Salon, wash room, store and WC.
***KEY AMENITY*** - The strategic location of this popular local retail parade serves as the principal, key amenity for the surrounding residential community.
**HUGE POTENTIAL YIELD*** - The estimated potential yield is a massive 24% based on the guide price of £25,000, on an estimated rent of £500 PCM (£6,000 per annum).
***FREEHOLD PROPERTY***
***RECENT NEARBY RESIDENTIAL SALES***
- 22 Hillcrest, Wallasey, Merseyside, CH44 3DD - 2 bedroom - SOLD Nov'24 - £95,000
- 38, Lucerne Road, Wallasey, Merseyside, CH44 7HA - 2 bedroom - SOLD Nov'24 - £95,000
- 48 Kendal Road, Wallasey, Merseyside, CH44 5SZ - 2 bedroom - SOLD Nov'24 - £70,000
***Wallasey is a town in the Metropolitan Borough of Wirral, Merseyside, England. Within the boundaries of the historic county of Cheshire, it is at the mouth of the River Mersey, on the north-eastern corner of the Wirral Peninsula*** The population is approximately 86,000***Wallasey has many amenities, including parks, beaches, supermarkets, healthcare facilities, leisure centres and two golf courses. The area is served by 13 primary schools and 7 secondary schools***
***Transport wise, Wallasey is very well connected. The Kingsway Tunnel has a roadway route via Poulton leads to its entrance in Seacombe, which links Wallasey with the centre of Liverpool. The M53 motorway begins in Poulton; it leads south through the centre of the Wirral Peninsula to Chester and into the M56 motorway, which continues to Manchester Airport. The North Wallasey Approach Road begins in Wallasey Village and ends in Bidston at junction 1 of the M53.
Leasowe Road gives access to Leasowe and Moreton to the west, and to Wallasey Village to the east.***The town has three railway stations: New Brighton, Wallasey Village and Wallasey Grove Road. Merseyrail operates electric trains to Liverpool Central on the Wirral line.***Bus services in the area are operated primarily by Arriva North West, Stagecoach Merseyside and Al's Coaches. Routes connect Wallasey with nearby towns including Birkenhead, Leasowe and Moreton; the 423 provides a regular service to Whitechapel, Liverpool.***
GUIDE PRICE: £25,000
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