Auction Property Details

73 St Marys Road, Garston, Liverpool, L19 2NL

Lot 30 - 05.06.2014

SOLD PRIOR

FOR SALE BY PUBLIC AUCTION THURSDAY 5TH JUNE 2014 AT LIVERPOOL TOWN HALL

73 ST. MARYS ROAD, GARSTON, L19 2NL

INVESTMENT

WHY BUY?
2 x one bedroom flats
Central heating
Commercial retail unit
Potential income circa £12,000pa

DESCRIPTION
This is a mixed use commercial retail unit with 2 x spacious one bedroom flats above. The retail unit is currently rented to a hairdressers at £200pcm £2400pa) on a 3 year lease with 2.5yrs un-expired. The flats are accessed through a separate side entrance with one recently vacant and one tenanted on an assured shorthold tenancy of £85pw (£4420pa). The property benefits from a small rear office (currently rented at £10pw) secondary glazing, central heating, modern kitchens, laminate flooring and are in good condition throughout. When fully occupied the property has been taking income of £11,760pa, making this an ideal high yield investment, and bought at £70,000 could offer 16.8%.

LOCATION
The property is on St. Marys Road just off Garston Way and Speke Road. St. Marys Road benefits from a good footfall with plenty of commercial and residential properties in the area. There are plenty of amenities in close proximity and good public transport links to Speke Retail Park and Liverpool City Centre.

ACCOMMODATION
Retail unit: Internal electric roller shutters, shop floor, treatment room, kitchenette, wc
Flat 1: Entrance hall, double bedroom, bathroom, kitchen, living room
Flat 2: Entrance hall, Double bedroom, bathroom, kitchen, large living room

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.