Auction Property Details

7-9 Walton Road, Liverpool, L4 4AD

Lot 25 - 19.07.2012

RESERVE PRICE £125,000

FOR SALE BY AUCTION 19TH JULY 2012 - 7-9 WALTON ROAD, LIVERPOOL, L4 4AD

COMMERCIAL

WHY BUY?
- Estimated Rental Value - £25,120
- Ground floor let to William Hill
- 4 x 1 Bedroomed self contained flats
- Excellent potential yield

DESRIPTION/ LOCATION
A substantial freehold investment with residential accommodation above. The retail accommodation is currently let to William Hill on an FRI lease for 20 years commencing 7th May 2010 at a rent of £5,850 per annum. The residential accommodation comprises of four, 1 bedroomed self-contained flats accessed from a separate side entrance, which are now vacant and in need of refurbishment.

LOCATION:
Situated in a busy main road location within a neighbourhood retail parade fronting Walton Road approximately 1.5 miles north of the city centre.

ACCOMMODATION:

Ground Floor: Large retail unit let to William Hill

First Floor:
Flat 1, lounge, bedroom, kitchen, bathroom
Flat 2, lounge, bedroom, kitchen, bathroom

Second Floor:
Flat 3, lounge, bedroom, kitchen, bathroom
Flat 4, lounge, bedroom, kitchen, bathroom

Outside: Yard to rear

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.