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Nearest stations

Conway Park (0.2mi.)
Birkenhead Hamilton Square (0.4mi.)
Birkenhead Central (0.5mi.)

Nearest schools

school icon  Cathcart Street Primary School (0.2mi.)
Good
school icon  Wirral Metropolitan College (0.2mi.)
Good
school icon  The Priory Parish CofE Primary School (0.4mi.)
Good

Property description


For Sale by Auction 11th December 2019

WHY BUY?
Rent passing £3,800pa
125yr leasehold agreement
Rent review every 7 years
Ideal long-term investment

DESCRIPTION
This for the sale of the freehold for site of 81-97 Cleveland Street only. The property has been let on a long leasehold of 125 years from Feb 1980 with circa 86 years unexpired. The lease is held by John Mighall & Co at a current passing rent of £3,200pa, however it was agreed in a rent review in February 2019 to increase the rent to £3,800pa which will be completed prior to the sale. Rent reviews are every 7 years.

LOCATION
Accessed directly from Cleveland Street in a predominantly industrial/commercial area of Birkenhead just 1 mile north of the Town Centre. The property is surrounded by similar type tenants with numerous scrap/salvage yards, vehicle repair/MOT centres, tyre suppliers in close proximity.
 
NB:  Please note due to the size of the Legal Pack it will only be able to be viewed in its entirety online at .
AUCTION FEES
The Buyers fee for this property will be £495 + Vat (£594.00)

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

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Property reference 10023893. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Venmore - Auctions. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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