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A Commercial and Residential Investment Comprising a Ground Floor Double Fronted Shop and 4 Self-Contained Studio Flats Fully Let Producing £41,400 Per Annum
Freehold mixed-use investment comprising a mid-terrace property arranged as a ground floor double-fronted retail unit with four self-contained studio flats to the first floor. The retail unit is let on a 20-year FRI lease from 24 August 2022 at £15,600 per annum. The four first floor studios are each let on ASTs. The property produces a total current income of £41,400 per annum, offering a well-located investment with established commercial and residential income streams. Location Situated on an established mixed-use parade in Liverpool, close to local amenities and the open spaces of Stanley Park. Both Anfield and Goodison Park are approximately 0.7 miles away. Kirkdale railway station provides convenient access to the city centre. Buyers are advised to refer to the legal pack for full tenancy documentation, lease terms and confirmation of income.. Tenure: Freehold Title number: MS401181 Council Tax Band : A Local Authority: Liverpool Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
Tenure
Freehold
IMPORTANT INFORMATION
Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Energy Efficiency Rating (EPC)
Current Rating 1 - F, 2 - E, 3 - D, 4 -F
Local Authority
Liverpool City Council
Solicitors
Merchant Legal Solicitors, Ref: Merchant Legal Solicitors
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £2500 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.