Mid-terraced retail unit of brick construction under slate covered pitched roof. The ground floor benefits from a powder coated aluminium single glazed frontage to Chapel Lane, extending to the rear of the property by way of traditional brick construction under a flat roof, which in turn provides additional storage accommodation. The first floor provides a self-contained flat let on an Assured Shorthold Tenancy Agreement.
- Investment Sale - Existing Tenants Unaffected.
- Ground floor Self-contained retail unit let for a term of 10 years from June
2021 at an annual rental of £25,000 per annum (from June 2022).
- First floor Self-contained residential flat - let on Assured Shorthold Tenancy at an annual rental of £9,600 per annum.
- Total annual income - £34,600 per annum.
- Prime retail position to affluent Formby Village.
- Public car park to the rear.