Town Lane, Bebington, CH63 5JB

An excellent opportunity to acquire an income-producing mixed-use investment property comprising a ground floor retail unit and a self-contained two-bedroom residential apartment above.

The property provides an attractive combination of commercial and residential income, with both units currently let, offering an immediate combined rental income of £1,350 per calendar month.

INVESTMENT SUMMARY:

Purchase Price: £165,000

Annual Rental Income: £16,200

Monthly Rental Income: £1,350

Gross Rental Yield: 9.82%

Mixed Commercial & Residential Investment

Both units currently let

Established Town Lane location

Ideal addition to an existing property portfolio

The existing restaurant business will continue to operate as normal, with the sale of the property having no impact on the current business or its ongoing occupation.

LOCATION:

Situated on Town Lane in Higher Bebington, the property occupies an established mixed-use position surrounded by a range of local businesses, amenities, and residential properties. The location provides good access to Bebington, Bromborough, Birkenhead and the wider Wirral area.

INVESTOR OPPORTUNITY:

This property represents an excellent opportunity for an investor looking for a ready-made mixed-use income stream, combining the potentially longer-term benefits of a commercial tenancy with the additional income provided by the residential apartment.

With £16,200 of current annual rental income and an asking price of £165,000, early viewing is highly recommended.

Ground floor retail space A well-positioned commercial premises currently utilised as a restaurant, situated on Town Lane in the established area of Higher Bebington.

Comprising a large restaurant/bar area 35.10 x 13.4 ft, kitchen and toilet facilities. The premises could potentially suit a range of alternative future commercial uses, subject to any necessary planning consents.

The property forms part of the sale of the whole freehold interest, providing an attractive opportunity to acquire the commercial element together with the associated residential accommodation, rather than purchasing the retail unit on a leasehold basis.

Upper floor apartment A well-proportioned two bedroom first floor apartment forming part of this attractive mixed-use freehold property, situated in the established and popular area of Bebington.

The apartment provides well-planned residential accommodation and represents an excellent opportunity for an investor or owner-occupier. The accommodation offers a large open plan kitchen/living area 22.6 x 17.3 ft, together with two bedrooms and family bathroom, making it suitable for a variety of purchasers and tenants.

Agents note Although these particulars are thought to be materially correct their accuracy cannot be guaranteed, and they do not form part of any contract. Propeller do not carry out any tests on any domestic appliances, which include Gas appliances & Electrical appliances, therefore, confirmation cannot be given as to whether they are in full working condition. Once an offer has been accepted, purchasers will be asked to produce information for Money laundering regulations. Propeller may receive a referral fee from services offered to a client or purchaser including but not limited to the following services: conveyancing, mortgage/financial products, energy performance certificates, and property surveys