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181 Old Chester Rd 2,946 SF Retail Building Bebington CH63 8NF $605,200 CAD ($205.43 CAD/SF)
INVESTMENT HIGHLIGHTS
- A popular Mediterranean Restaurant located in a prominent corner position
- Price £325,000 (subject to contract)
- Annual Income £26,000 per annum
EXECUTIVE SUMMARY
The property is situated on the corner of Kings Lane and Old Chester Road in a popular residential location of Higher Bebington.A former Bank Premises arranged over three floors comprising restaurant kitchen and bar on the ground floor, further seating and bar on the mezzanine first floor and toilets staffrooms and storage in the basement area.
The whole property is let on a Full Repairing and Insuring lease for a term of 6 years and 9 months from 15th October 2023, to Adam Restaurant Liverpool Limited, the lease is subject to three yearly upward only rent reviews, the current rental being £26,000 per annum.
The whole property is let on a Full Repairing and Insuring lease for a term of 6 years and 9 months from 15th October 2023, to Adam Restaurant Liverpool Limited, the lease is subject to three yearly upward only rent reviews, the current rental being £26,000 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,946 SF
Building Class
B
Year Built
1910
Price
$605,200 CAD
Price Per SF
$205.43 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.18
Lot Size
0.06 AC
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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181 Old Chester Rd
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