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Lot 40 - Wednesday 25th October 2023549/549a Smithdown Road, Liverpool, L15 5AF

POSTPONED

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FOR SALE BY ONLINE AUCTION 25TH OCTOBER 2023:

A mixed use property in a prime location on Smithdown Road, towards Allerton. Set across 4 floors, the building provides a shop/retail floor and a 6 bed HMO above. The retail unit is currently being used as an established barbers on a 5-year lease from March 2022, at £700pcm. On the ground floor is a laundry facility and drying room, and access to the rear yard, with a gate to Earslfield Road. To the first floor there is a communal lounge, bathroom and newly refurbished kitchen. The boiler was replaced in February 2023. There is 1 letting room on this floor. The second floor provides 3 letting rooms and a communal shower room, with WC and sink. The 3rd floor contains 2 further letting rooms. The HMO is currently let to 4 tenants@ £95pppw. This will reduce to £90pppw for 5 tenants and £85pppw for 6 tenants.

ACCOMODATION:
Ground Floor Commercial Unit: Retail/Shop floor, kitchenette, toilet
Ground Floor HMO: Laundry area, drying room and access to rear yard & Earlsfield Road
First Floor: 1 Letting room, Lounge, Bathroom (with WC & sink) and newly refurbished Kitchen
Second Floor: 3 Letting rooms and a shower room with WC and sink.
Third floor: 2 Letting rooms
Outside: Yard to rear and gate to Earlsfield Road.

LOCATION
Located on the popular Smithdown Road, towards Allerton and the Penny Lane junction, within a busy parade of local shops and amenities. Popular with the student population, Liverpool city centre is approximately 3 miles away.

TENURE: Freehold

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1500 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.

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You will pay
£6,000
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

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