Auction Property Details

34 Lawrence Road, Liverpool, L15 0EG

Lot 45 - 28.11.2013

SOLD

FOR SALE BY AUCTION ON 28TH NOVEMBER 2013 - 34 LAWERENCE ROAD, LIVERPOOL, L15 0EG

COMMERCIAL

WHY BUY?
Mixed use property
3 bedroomed flat
Good student location
Potential to uplift rent

DESCRIPTION
A three storey mixed use property comprising of ground floor retail unit and upper floor residential accommodation. Both parts of the building are currently occupied, the retail unit is generating £3,840 p.a and the upper floor is generating £3,600 p.a with scope to re-configure to allow further rent. The upper floor is currently a three bedroomed flat in good condition with central heating and an ensuite to the master bedroom.

LOCATION
The property is situated fronting Lawrence Road in a busy location and offers considerable opportunity to uplift the current yield.

ACCOMMODATION
Ground Floor: Retail unit - sales area, office, kitchen, w.c.
First Floor: Reception 1, fitted kitchen, bathroom, bedroom
Second Floor: Bedroom 2 with ensuite, bedroom 3, stairs to further storage room/bedroom

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.