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Freehold Investment Property In Birkenhead For Sale

Birkenhead, Merseyside
Asking Price:
£399,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Key features

* £35,000 pa Income from Day 1
• Available Freehold at only £38 per square foot !
• The historic BIRKENHEAD GUILD HALL, Located in BirkenheadTown Centre.
• Available at a huge discount to adjacent properties
• No VAT Payable
• Yield of 11.8% at ERV of £47,000 (Current Income £35,000 pa)
• Circa 10,500 sq ft
• Ideal tax efficient SIPP/SSAS Pension Investment

* Contact the Owners now for further information

Full description

The historic Birkenhead guild hall is located in Birkenhead Town Centre.
This is a Unique Freehold Commercial Investment Opportunity.
The property is part of a long established high quality portfolio, and is only available as a result of the retirement of the portfolio owner.

Freehold Town Centre Property. Circa 10,500 sq. ft. over 3 Floors.

Situated adjacent to Thomas Cook, Halifax, Waterstones, Primark, Asda, Boots, WH Smith, etc

Available at a HUGE discount to adjoining properties.

Both adjacent properties with full frontage to pedestrian centre previously sold for £2,300,000 & £1,240,000 respectively.(Land Registry records available from vendor).

This property is available for only £399,000 and no VAT is chargeable.

Represents Fantastic Value - Outright Freehold Sale at only £38 per square foot.

The property is part let at £35,000 p.a. (2 Floors let on 15 year leases from 2016, (One Floor remaining).

Magnificent top floor of 3500 sq.ft. available with vacant possession.(estimated rental value £12,000 p.a.) The top floor is ideally suited to Dance School use, or Lazer Quest type use.

This is an ideal tax efficient SIPP or SSAS Pension Investment.

Over the next few years, Birkenhead promises to be one of the most exciting areas for future development and regeneration in the whole of the UK.
Wirral Waters is described as the largest and most exciting regeneration project in the UK.
It promises to "transform over 500 acres of the Birkenhead docklands into an internationally recognisable destination where innovation, sustainability and industry thrive and 25 miles of coastline stretches from your doorstep. Where over 20,000 permanent new jobs will emerge, where wide open spaces meet world-class culture, and global companies trade alongside new waterfront housing".

There are massive regeneration plans for birkenhead and the wirral.
(For more information on these exciting redevelopment plans, please Google the following terms:)

Wirral Wikipedia

Peel Holdings £4.5 billion Wirral Waters Development:

Wirral Waters Website - "The largest regeneration project in the UK"

Wirral Council Launches £1 billion Development Plan with Muse Developments.

Wirral Growth Company

Wirral Council to buy Birkenhead's Europa Buildings.
(Wirral View. November 2017).

Plans submitted for new drive-thru restaurant in Birkenhead Town Centre.

Wirral Council partners with Muse Developments

Developer secures consent for 200 bed £12m, student accommodation complex in Birkenhead. (Liverpool Business News. March 2018).

Peel announces major milestone for Wirral Waters (875 new homes get the go-ahead). March 2018

This is what Birkenhead town centre could look like after £1bn Wirral masterplan
(Liverpool Echo. July 2018.)

Birkenhead Priority in £1bn Wirral Plan.
(Place North West. July 2018)

ION gears up for Birkenhead development.
(Place North West. January 2019)

Wirral Council to acquire Birkenhead Market and Vue Cinema for £7.5 million and £2.5 million.
(Place North West. February 2019)

Wirral Council plans for £7 million Cinema site.
(JMU Journal. February 2019.)

Legal agreement will kick start regeneration of town centre. Legal agreements signed between Wirral Council and Muse Developments forming a new joint venture called Wirral Growth Company.
(The Business Desk. March 2019)

Contract signed to establish Wirral Growth Company.
(Insider Media. March 2019.)

For further information about the Regeneration, and about the properties, please contact the seller.

Property Information

Property:

Freehold

Living Accommodation:

na

Location:

The historic Birkenhead Guild Hall is located in Birkenhead Town Centre.
This is a freehold property, extending to circa 10,500 sq. ft. over 3 Floors.

Situated adjacent to Thomas Cook, Halifax, Waterstones and Primark.

Available at a HUGE discount to adjoining properties.
Both adjacent properties with full frontage to pedestrian centre have previously sold for £2,300,000 & £1,240,000 respectively.
(Land Registry records available from vendor).

Premises Details:

na

Size in square feet:
10,500 square feet
Planning Consent:

For existing use

Business Operation

Expansion Potential:

The property currently houses a Childrens Play Centre on the ground floor, which has been extremely well fitted out.
On the first floor the tenants operate as a Circus School, Circus Training, and Themed Circus Parties.
The top floor is available to let, and is suitable for a Dance School, a Lazer Quest business, Gym, Yoga Studio, or similar business. A fit-out for a Lazer business is available seperately.

Competition / Market:

na

Reasons for selling:

Genuine retirement sale from long established high quality portfolio

Trading hours:

na

Employees:
na
Years established:
na

Other Information

Support & training:

na

Financing available:

Subject to status

Contact Information

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