49 Seaforth Road, Liverpool, L21 3TX
Lot 48 - 21.07.2016
Current income £10,200pa
Retail unit & flat
This is a three storey mixed use mid terrace property comprising of a ground floor retail unit with a separate two bedroom self contained flat to the upper floors. The ground floor unit is currently holding over at a rental of £400pcm/£4,800pa. The flat is accessed from the rear of the building and over first and second floors. It is currently let by way of an Assured Shorthold Tenancy holding over at a rental of £450pcm/£5400pa. With a total annual income of £10,200pa, if the property was purchased at £55,000, then the gross yield return would be 18.5%. Ideal as a long term investment.
The property is situated on a busy main road close to its junction with the A5036 and in close proximity to Seaforth and Litherland Railway Station. Plenty of shops and amenities within walking distance and good public transport links to Liverpool City Centre.
Ground floor: Retail unit with shop floor, kitchenette, WC, rear storage room
First floor: Kitchen, bathroom, living room
Second floor: 2 x double bedrooms
Outside: On-Street parking, yard to rear
NB - Venmores have not carried out an internal inspection of the shop or flat - All details have been provided by the vendor
*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.
4th April 2017 1.00pm
Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW
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