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Manchester 0161 710 2010
22nd May 2019 Auction
Lot Number - 6
AVAILABLE AT AUCTION
£200,000 Guide Price (plus fees)

11 Station Street & 2
3
3A Station Road
Rainhill
Merseyside
L35 0LL

Well located multi-let commercial investment let at an annual equivalent income of £20,400

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  • Mixed commercial Investment

  • Annual Equivalent rent of £20,400

  • Four Units & Two Tenants

Description

The property comprises four units within a parade of single storey retail units currently let at an annual equivalent income of £20,400.

The property is occupied by two tenants, each trading from two units each (Rainhill Spectacles & The Railway Cafe).

Location

The property is well located immediately opposite the entrance to Rainhill railway station, which is on the Liverpool City Line linking Liverpool and Warrington. Access to Station Road is from Warrington Road (A57) and there is on street parking in the vicinity, with additional facilities nearby in the village.

Accommodation

The following areas have been provided by our Joint Agent:
Floors sq ft sq m
11 Station Street 328 30
2 Station Road 477 44
3 & 3A Station Road 227 21
Total 1032 95

Tenancies

The property is let at the following monthly rents:

11 Station Street & 2 Station Road (Rainhill Spectacles): £850 pcm.

3& 3A Station Road (The Railway Cafe) : £850 pcm.

Buyers Administration Fee

There will be a Buyer's Administration Fee of £1500 plus VAT payable upon exchange of contracts.

Tenure

Freehold.
Photo of James Ashworth

James Ashworth

07928 583229
Photo of Heather Twiss

Heather Twiss

0161 710 2010

Joint Agent

Anthony O’Keefe
LM6
tony.okeefe@lm6.co.uk

Solicitor

Natalie O'Donohue
Gregory Abrams Davidson Llp
0151 734 7517
nodonohue@gadlegal.co.uk
Lot 6
£200,000 Guide Price (plus fees)
0161 710 2010
Manchester
0151 242 6754
Liverpool
0113 403 2010
Leeds
0121 213 6389
Birmingham
0207 692 1930
London
Landwood Property Auctions is a trading name of LWA Manchester Limited a company registered in the United Kingdom under company number: 10855915. Registered Office: South Central 11 Peter Street Manchester M2 5QR. A list of directors is available at the registered office. VAT Reg Number: 277177173