CH44 5UB - Commercial property for sale in Mill Lane, Wallasey, CH44

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Commercial property for sale in Mill Lane, Wallasey, CH44

Summary - 71, MILL LANE CH44 5UB

2 bed 1 bath Commercial Property

Corner shop with two‑bed flat and garage — auction sale, renovation required..
Corner retail unit with prominent dual frontage and large shop windows
Two‑bed first‑floor flat above — potential owner‑occupier or rental income
Private garage‑style storage with power and water, useful for stock
Requires renovation throughout; decorative and possible service upgrades needed
Sold at Modern Auction — 4.5% non‑refundable reservation fee applies
Easement on title; buyers must confirm details before purchase
No garden; small plot and limited external amenity space
Local area: very deprived with above‑average crime — consider security needs
This small freehold mixed‑use building on Mill Lane offers a ground‑floor retail unit with a two‑bed flat above and a garage‑style store. Its corner position and large shopfront windows give strong street visibility and clear passing trade potential for an independent business or landlord.

The property is sold at Modern Auction with an undisclosed reserve; the buyer must pay a non‑refundable reservation fee (4.5% of the purchase price, minimum £6,600) plus a preparation fee (up to £349). Sale completion is required within 56 days and purchasers should review the buyer information pack and carry out full due diligence before bidding.

The building dates from c.1930–1949, has solid brick walls (assumed uninsulated), double glazing of unknown installation date and gas central heating via boiler and radiators. Accommodation is modest (approx. 467 sq ft) and requires renovation and cosmetic updating throughout; the basement/utility has low ceilings and exposed services. There is no garden and the plot is small, but a private garage‑style storage room provides useful secure stock or workshop space.

Consider this if you want a high‑visibility, owner‑occupier business base or a value‑add investment that can be modernised and let. Be aware of practical negatives: renovation costs, an easement on title, above‑average local crime, and significant auction fees that increase total purchase costs.

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