Lot
024
Auction Ends: 24/04/2024 - Bidding opens Tuesday 23rd April 10:00 AM

Orchard House, 50-58 Pensby Road, Heswall, Wirral, Merseyside, CH60 7RE

Property Details
Location
Auction Details
Description
A high yielding commercial investment opportunity comprising a row of 5 individual units extending to a total of approximately 4,700 Sq Ft, all of which are currently let and detailing an annual combined rent of £48,325. The units themselves comprise 1 x sports retail, 2 x pilates / physio studio's, 1 x restaurant/takeaway and a Thai massage studio with accommodation arranged over ground and lower ground floors.
Location
The property is prominently situated fronting Pensby Road (B5138) close to the corner of May Road in the town centre of Heswall. The immediate surrounding area comprises a variety of independent retailers including restaurants, financial services, jewellers and estate agents.
Accommodation

AddressGround FloorLower Ground FloorTotal
50 Pensby Road77.2 Sq M33.6 Sq M110 Sq M (1193 Sq Ft)
52 Pensby Road56 Sq M24.5 Sq M80.5 Sq M (867 Sq Ft)
54 Pensby Road 67.3 Sq M 26.8 Sq M 94.1 Sq M (1012 Sq Ft)
56 Pensby Road46.9 Sq M23 Sq M69.9 Sq M (753 Sq Ft)
58 Pensby Road 62.5 Sq M 25.1 Sq M87.6 Sq M (943 Sq Ft)



442.9 Sq M (4,768 Sq Ft)

Outside
Parking spaces to rear
Tenure
We understand the properties are held on a leasehold title (108 years remaining) & subject to a service charge. Please refer to the legal pack.
Tenancy

58 Pensby Road (Runners Club)£10,000p/a 6 year lease dated 19.10.2022
56 Pensby Road (Reformer Room)£7,500p/a until 14.08.25
54 Pensby Road (Pilates by physio)£10,000p/a 5 year lease dated 15.08.2020
52 Pensby Road (Heswall Tandoori)£10,825p/a until 6.12.2035 (tenant in situ since 2006)
50 Pensby Road (Siam Heswall)£10,000p/a until 30.09.2026

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 23RD APRIL AND CLOSES ON WEDNESDAY 24TH APRIL.

3. Energy Performance Certificate = TBC.

4. We understand from the vendor that the tenants in 52 have been in situ since 2006 whilst the tenants in 58 have been in situ since 2016. Number 50 has been a Thai massage studio since 2015 (albeit under previous owners), the current tenant having taken over the unit in 2023.

Our Nearest Office

Liverpool 600x300

Liverpool

You may also like

061

41 Verdi Street, Liverpool, Merseyside, L21 4PA

Auction Ends: 24/04/2024

Guide Price: £50,000 plus

062

21 Shakespeare Street, Bootle, Merseyside, L20 4JP

Auction Ends: 24/04/2024

Guide Price: £50,000 plus

071

26 Cairo Street, Liverpool, Merseyside, L4 3UA

Auction Ends: 24/04/2024

Guide Price: £50,000 plus

012

74 Shotton Lane & Land Adjoining 74 Shotton Lane, Shotton, Deeside, Flintshire, CH5 1QW

Auction Ends: 22/05/2024

Guide Price: £275,000 plus

Search Available
Online Auctions
Search online auction icon
Guide to
Buying at Auction
Buying guide icon
Guide to Selling
Your Property
Selling guide icon
Sign Up For
Auction Alerts
Alert icon