Auction Property Details

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

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.