Auction Property Details

289 Breck Road, Everton, Liverpool, L5 6PU

Lot 57 - 28.05.2015

SOLD £51,000

FOR SALE BY PUBLIC AUCTION THURSDAY 28TH MAY 2015 AT LIVERPOOL TOWN HALL

289 BRECK ROAD, LIVERPOOL, L5 6PU

COMMERCIAL

WHY BUY?
3 Storey mix use property
Currently producing £7,500 per annum
Potential for substantial increase in yield

DESCRIPTION
A three storey mid terraced property comprising of a ground floor retail unit currently trading as a café with accommodation above which was formerly configured as two self-contained flats with separate front entrance. The upper floors require a full scheme of refurbishment.
The property is let by way of a five year lease which comes to an end in October 2016 at an annual rent of £7,500 per annum.

LOCATION
The property is situated fronting Breck Road in a busy main road position approximately 1.5 miles north of the city centre.

ACCOMMODATION
Ground Floor: Currently trading as a café with kitchen area and WC
First Floor: 1 Bed studio flat requiring refurbishment
Second Floor: 1 Bed flat requiring refurbishment

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.