Large freehold commercial premises sold with tenant in situ. Currently used as a well-known auto/mechanical garage, the unit brings in £18,000 p/a on its current lease which is 18 months into a 36-month agreement.
ACCOMMODATION With circa 370sqm of workshop space, the unit also comprises a collection of sub rooms, office, and yard to the rear.
LOCATION Hoylake Road is an arterial route through North Wirral with close proximity to the M53. The premises is set within a popular residential area with local amenities, gas station, and a collection of similar commercial units.
TENURE: Freehold
AUCTION FEES The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £2000 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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