District House, 112, Victoria Road, WALLASEY, Merseyside, CH45 9LD

LOT 248 – DISTRICT HOUSE, 112 VICTORIA ROAD, NEW BRIGHTON, WIRRALL The lease is for a term of 5 years not 10 years as stated in the particulars of sale. Commercial ground floor let with development potential, Prime location along a prominent Victoria Road. Description: This four-storey period building is located in the heart of New Brighton’s vibrant Victoria Quarter. This substantial property presents a rare opportunity to acquire a building with a ready-made investment. The ground floor is currently tenanted and is used as a bar/restaurant/gallery with a rent review after five years. The tenant in situ and is currently on a ten-year lease on a tenancy agreement at £500 PCM. The Victoria Quarter has established itself as New Brighton’s cultural heartland, attracting artists, galleries, studios, and creative businesses. The further three floors have potential to convert into flats or offices subject to any necessary consents being approved. Once complete it would bring in a good potential rental income. This would be an ideal purchase for an investor or someone who is looking to expand their rental portfolio. Please note: At this time, we have not entered the property and the description and accommodation details provided are to be used for guidance purposes only and not to be fully relied upon. No planning permissions have been sought or accepted at this time and the images shown were provided by the seller. Please refer to legal pack for further information. Accommodation: Ground Floor: Main bar/restaurant, Kitchen, Ladies and Gents WC’s External: Rear Seating Area. Floors 1 – 3: Unused with potential to develop. Tenure: Freehold EPC: TBC Enquires: William H Brown Northern Auctions. 38 High Street, Doncaster, South Yorkshire, DN10 6JE. Tel 01302 710490.