Auction Property Details

241-245 Stanley Road, Kirkdale, Liverpool, L5 7QD

Lot 21 - 18.09.2014

SOLD LATER

FOR SALE BY PUBLIC AUCTION THURSDAY 18TH SEPTEMBER 2014 AT LIVERPOOL TOWN HALL

241-245 STANLEY ROAD, LIVERPOOL, L5 7QD

MIXED USE

WHY BUY?
Substantial mixed use premises
Currently producing £22,320 per annum
Takeaway plus 7 x 1 bedroom flats
Potential income in excess of £35,000

DESCRIPTION
A substantial three storey mixed use property comprising of a large ground floor fast food takeaway plus 7 x 1 bedroom self-contained flats. The retail unit plus the ground floor flat are let to Chicksters on a 10 year lease from June 2010 currently at £12,000 per annum with 2 yearly rent reviews. Three of the flats are let on Assured Shorthold Tenancies producing a total of £10,320 per annum.The three remaining flats require a scheme of refurbishment. Fully let the potential gross rental income is in excess of £35,000 per annum.

LOCATION
Situated fronting Stanley Road on the corner of Snowdrop Street in a busy main road location approximately 1 mile from Liverpool city centre.

ACCOMMODATION
Ground Floor: Fast food takeaway, sales area, prep area, rear kitchens, WC plus self-contained one bedroom flat.
First and Second Floors: 6 x 1 Bedroom self-contained flats comprising of living room, bedroom, kitchen, bathroom/WC
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.