7-9 Walton Road, Liverpool, L4 4AD
Lot 27 - 02.06.2016
Guide Price £150,000 Plus**
Current rent passing £25,050
William Hill let on 20yr lease
4 x 1 Bedroom self contained flats
Refurbished 18 months ago
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, with an outstanding upwards only rent review from 2015 and subsequent rent reviews every 5 years of the term.
The residential accommodation comprises of four x 1 bedroom self-contained flats all accessed from a separate side communal entrance. All of the flats are currently tenanted on AST agreements at £400pcm and were refurbished to a very high standard only 18 months ago. Each flat benefits from double glazing and central heating, modern kitchens and shower rooms.
The current total combined annual income is £25,050pa.
Situated in a busy main road location within a neighbourhood retail parade fronting Walton Road approximately 1.5 miles north of the city centre.
Ground Floor: Large retail unit let to William Hill on 20yr FRI lease from 2010
Flat 1 - First Floor: lounge, bedroom, kitchen, bathroom,
Flat 2 - First Floor: lounge, bedroom, kitchen, bathroom
Flat 3 - Second Floor: lounge, bedroom, kitchen, bathroom
Flat 4 - Second Floor: lounge, bedroom, kitchen, bathroom
Outside: Yard to rear
*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.
14th December 2016 1.00pm
Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW
Get In Touch
9 Dale Street, Imperial Buildings, Liverpool, L2 2SH
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- 0151 236 6746
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