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A mixed-use commercial and residential property in Birkenhead is set to be auctioned next month with a guide price of more than £340,000.
The building, which currently houses The Drunken Duck pub on Grange Road, will be on offer through Venmore Auctions and will head to sale on September 2 in an online auction.
The building, home to The Drunken Duck on Grange Road, will be offered through Venmore Auctions during an online sale on September 2. The property is being marketed as an investment opportunity, with a current rental income of around £37,200 per year, as reported by the Wirral Globe.
The ground floor is occupied by a restaurant, featuring a bar area, customer seating, toilet facilities and a fully equipped commercial kitchen. Above the business are three self-contained apartments, consisting of a studio, a two-bedroom flat and a three-bedroom flat. The residential accommodation is accessed via a separate communal entrance and hallway.
According to Venmore Auctions, the property generates a combined rental income of approximately £3,100 per month, making it an established investment for prospective buyers.
A spokesperson for the auction house described the building as an "impressive mixed-use unit" comprising a restaurant and three residential apartments. They added that its existing tenants provide buyers with an immediate rental return.
The property occupies a prominent position on Grange Road in the centre of Birkenhead, close to the Pyramids Shopping Centre and within walking distance of Birkenhead Central railway station.
Venmore Auctions also highlighted the area's transport connections, noting that the nearby M53 motorway and Mersey Tunnels provide straightforward access to Liverpool. The location, they said, makes the property suitable for both commercial and residential occupiers.
The listing is one of the lots due to feature in Venmore Auctions' upcoming online sale.
Further information about the property, including auction terms and viewing details, is available through the Venmore Auctions website.