For sale by auction on the 27th March 2018
WHY BUY?
Former public house
Convenience store Let at £13,800pa
9 Bedroom flat let at £14,400pa
Close to Royal Liverpool Hospital
DESCRIPTION
This is a large former public bar that has been configured to provide a convenience store on the ground floor, with basement storage, and residential letting rooms to the upper floors. The convenience store is currently let by way of a 15 year lease from April 2017 to the neighbour store, who has knocked through to extend their existing store, with rent passing at £1150pcm/£13,800pa. The upper floors consist of 9 bedroom flat let by way of a 6 year lease from June 2017 at £1200pcm/£14,400pa. Three of the bedrooms are en-suite and the flat also has a kitchen and bathroom. The property appears to have been finished to a good standard throughout and would be Ideal as long term investment with total current income of £28,200pa.
LOCATION
On the corner of Molyneux Street and Cameria Street.
ACCOMMODATION
Ground floor: Convenience store with access to basement/cellar storage
First floor: 6 x bedrooms, kitchen, bathroom
Second floor: 3 x en-suite bedrooms
Outside: Yard to rear
NB - Venmores have not carried out an internal inspection