Auction Property Details

48/48a Stanley Road, Bootle, L20 2AA

Lot 5 - 11.02.2015

AVAILABLE AT £85,000

FOR SALE BY PUBLIC AUCTION WEDNESDAY 11TH FEBRUARY 2015 AT LIVERPOOL TOWN HALL

48/48a STANLEY ROAD, BOOTLE, L20 2AA

INVESTMENT

WHY BUY?
Tenanted retail unit
2 x 1 bedroom flats
High yield potential
Prominent corner position

DESCRIPTION
This is a large corner property consisting of retail unit and 2 x self contained one bedroom flats to the upper floors. The retail unit is currently tenanted at £85 per week/£4420 pa to a florists who has been in occupation for over three years. The 2 x flats are currently vacant at present but have just has a scheme of redecoration to both and are ready for immediate occupation. Each flat consists of kitchen, shower room, living room and bedroom, and both share a communal entrance from Bedford Road. Fully double glazed with electric storage heaters. If the flats are rented at £350pcm then there the whole property has the potential for an annual income circa £13,000pa.


LOCATION
On the corner of Bedford Road and Stanley Road. There are numerous amenities on the doorstep with the college just a short walk away on Balliol Road. Liverpool City Centre is just 2.5 miles away.

ACCOMMODATION
Retail unit: Shop floor, kitchenette, wc, storage
First floor flat: Bedroom, living/dining, kitchen, shower room
Second floor flat: Living room, kitchen, shower room, bedroom
Outside: On-street parking to the front

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.