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2 bed end of terrace house
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Our Summary
- Investment Opportunity – Freehold Mixed-Use Property in Prime Hoylake Location Attention investors—this is a superb opportunity to acquire the freehold interest in 31 Market Street, Hoylake, a well-positioned mixed-use property in the heart of this vibrant coastal town
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Description
The property at 31 Market Street, Hoylake, is a mixed-use freehold property in the heart of the town. It is currently arranged as three self-contained units: two commercial premises on the ground floor, including a vacuum repair shop and a hairdressing salon, each with its own WC; and a two-bedroom apartment on the first floor, which has gas central heating, a kitchen, spacious lounge, two bedrooms, bathroom with shower, and separate WC. The property has a total rental income of £1,650 per calendar month, apportioned as follows: £625 from the vacuum shop, £375 from the hairdressing salon, and £650 from the first-floor apartment.
The property benefits from excellent footfall and strong local demand, and is close to local amenities, the railway, and the beach. It has a rateable value of £10,500 (£6,000 for the vacuum shop and £4,500 for the hair salon) and is assessed as Council Tax Band A.