Summary - 2, SALISBURY STREET CH41 2RL
1 bed 1 bath Commercial Property
**Standout Features:**
- Commercial property investment with FRI lease in place until 2029.
- Current tenant: Argyle Satellite Taxi Company, paying £14,000 PA (8% yield).
- Generous accommodation with multiple office spaces and facilities.
- Prime location in the heart of Birkenhead, close to major transport routes.
**Concerns:**
- Lease has only 5 years remaining, which may affect mortgage financing.
- High crime rate in the local area.
- Property requires work and renovation to reach its full potential.
Discover a promising commercial investment opportunity at Salisbury Street, Birkenhead. This property boasts an attractive 8% yield, with a reliable tenant secured on a FRI lease until January 2029, generating an annual rental income of £14,000. The expansive layout features two large office spaces on both ground and first floors, along with kitchen facilities and restrooms, catering to a variety of business needs.
While the property is well-maintained with gas central heating and double-glazed windows, it does require some renovation to maximize its potential. The location is a bustling hub with ample foot traffic, positioned conveniently near transport links like the M53 motorway and the Mersey tunnel. However, prospective buyers should consider the relatively short lease duration, which may pose challenges with mortgage lending. Don't miss out on this secure investment in a thriving area—schedule your viewing today!
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