Lot 12 - Wednesday 4th September 2024 -9, 9a & 9b Nutgrove Road, St. Helens, WA9 5PJ

FOR SALE BY ONLINE AUCTION 4TH SEPTEMBER 2024:

A large investment opportunity here with a mixed-use unit on Nutgrove Road in St Helens. The retail space is let at £650pcm and has a tenant in situ. There is a one-bedroom flat to the first floor with a tenant in situ at £425pcm. To the rear is 9b Nutgrove Road which is a two-bedroom unit spread over two floors – with vacant possession, this unit let historically at £600pcm. At full capacity, this lot has a potential £1,625pcm rental providing a 12.5% yield.

ACCOMMODATION
9 Nutgrove Road: Retail unit with reception space, and two further ancillary rooms to rear, with wc and kitchen facilities
9a Nutgrove Road: First floor apartment with open plan kitchen living room, modern shower room and bedroom
9b Nutgrove Road: Hallway, open plan kitchen and living room, stairwell to first floor – with two bedrooms and modern shower room

LOCATION
Nutgrove Road is located in Thatto Heath – a popular residential area of St Helens. There are nearby local amenities, and transport links

Tenure: Freehold

Council Tax Band: A

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 £1800 + 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.