£180,000

Auction Date and Time The Property is listed in our new “7 day” online property auction.

Bidding starts on the 15/11/2021 12:01 and ends on the 19/11/2021 12:01.

You must be registered in order to bid at the auctions, to register please call the office or visit the website.

Fantastic mixed use investment property


Description:
Uneek homes are proud to be instructed to sell this excellent mixed use commercial and residential property with excellent development /investment potential to achieve in excess of £40,000 -£50,000 per annum

Accommodation:
This mixed use property comprises of an extended ground floor with a previously utilised as a Dog caf. . You enter the building through UPVC leading into the shop front area/ lounge, Leading off from the lounge area is 2 good sized bedrooms. a kitchen/utility room, Family size bathroom, separate small kitchen, and small rear office with French doors leading into small yard this could also be utilised as a third bedroom. The property is in need of full redecoration throughout. The property could easily be returned to a family home or equally would benefit from some reconfiguring to make a great 3/4 bed apartment for renting on a per room basis like the above flat.
The first floor flat is accessed via a separate entrance currently utilised as shared accommodation with 3 good sized bedroom, kitchen and shower room.
The property has excellent potential for an investment buyer to make the most out of the space available to maximise full earning potential

Location:
Property is ideally located in a popular residential area in Wallasey. Close to local amenities including schools and leisure facilities. With excellent transport links to the city centre

Income:
First floor currently achieving a rental income of £1375 . The cafe space was previously achieving £450 PCM the property has the potential to earn in excess of £40,000 -£50,000 per annum

Conditions of Sale:
UNCONDITIONAL LOTThe Purchaser shall pay a 10% deposit upon the fall of the hammer. In addition a £5000 Buyers Premium + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Tenure:
Freehold

Viewing:
Legal Pack
The legal pack will be available online at least seven days prior to sale ending. It is the responsibility of the Buyer to have read and understood all parts of the legal pack and the conditions of sale. Upon bidding on the property, it will be assumed that you have read and fully understood the legal pack and your obligations.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price is legally required to be within 10% of the Guide Price, The guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Section of our website.