Ground floor license has been temporarily suspended, to be reviewed in April.
A three storey mixed use terraced property comprising of 2 Bars on the ground floor and basement together with 2 self contained flats on the upper floors. (1 x 1 Bed and 1 x 2/3 Bed), accessed via a separate front entrance. The property has recently been refurbished to a high standard to include state of the art CCTV throughout, double glazing and central heating. The ground floor Bar is currently trading on a rolling contract at a rental of £1200 pcm. The 2 flats are currently let for a term of 12 months by way of Assured Shorthold Tenancies producing £10,500 per annum. The total net rental income is currently £24,900 per annum. The lower ground bar is vacant and suitable for immediate trading. Alternatively the property would be suitable for conversion to provide a 15 Bed HMO investment property, subject to any necessary consents,and if let at £70pppw the potential income would be in excess of £54,000. The Bar's and the Flats are currently on separate Titles.
Fronting Argyle Street within close proximity to Birkenhead Town Centre amenities and Transport Links.
Bar area, Snug Room, Ladies & Gents W.C, Store/Pump Room.
Bar area, W.C, Private VIP area, Dance Floor, stairs to Ladies & Gents WC's
Flat A - Hall, Bedroom, Living Room/Dining Room, Kitchen, Bathroom/WC with walk in shower
Flat 2 - Hall, 2/3 Bedrooms, Living/Dining Room, Kitchen, Bathroom/WC
Rear Yard/Fire Escape
Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY
t. 0151 207 6315
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