Auction Property Details

189 County Road, Walton, Liverpool, L4 5PB

Lot 12 - 01.10.2015

AVAILABLE AT £70,000

FOR SALE BY PUBLIC AUCTION THURSDAY 1ST OCTOBER 2015 AT LIVERPOOL TOWN HALL

189 COUNTY ROAD, LIVERPOOL, L4 5PB

INVESTMENT

WHY BUY?
Current income £12,000pa
Retail unit on 5yr lease
2 Bedroom flat
Good rental location

DESCRIPTION
This is a 3 storey middle terrace property that has been configured to provide a retail unit to the ground floor and large 2 bedroom flat to the upper floors. The retail unit is let by way of a 5 year lease since August 2013 at a rent of £500pcm/£6,000pa to World of Beds, however the vendor has informed us the retail unit will be offered with vacant possession. The 2 bedroom flat has its own separate front entrance from County Road and is let by way of a 6 month AST from June 2015 at £500pcm/£6,000pa. This gives a current total annual income of £12,000pa Property benefits from double glazing and electric roller shutters. We have been informed that it can be negotiated to make the retail unit vacant on possession if any potential buyer requires for their own occupation.

LOCATION
Located on County Road in a busy parade of shops. Only 2.5 miles away from Liverpool City Centre with regular public transport. Access to Queens Drive direct from County Road.

ACCOMMODATION
Ground floor: Retail unit - large shop floor and storage
First floor: Kitchen, modern shower room, living room
Second floor: 2 x large double bedrooms
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.