Lot 2 - Tuesday 15th December 2020 -63 Lawrence Road, Liverpool, Merseyside, L15 0EE
SOLD £150,000
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For Sale by Online Auction 15th December 2020
WHY BUY?
Prime Trading Location
Immediate Income of £1,250pcm
Newly Refurbished Commercial Unit
Scope to Add Rental Income
DESCRIPTION
This is a traditional mixed-use property in a prime trading location on Lawrence Road. The ground floor commercial unit has recently been refurbished by the existing leaseholder and is trading as a Solarium and Beautician. The upper floors are currently configured as a three-bedroom duplex flat with reception room, bathroom, kitchen and lounge on the first floor, and three double bedrooms to the second floor. There is great potential to reconfigure into a 4/5-bedroom HMO and increasing the rental income to circa. £85pppw. The property benefits from gas central heating and double glazing throughout
LOCATION
Prime location on Lawrence Road by the junction of Bagot Street and opposite St Bridget & St Thomas’s Church. Located within numerous shops, restaurants and take-a-ways and Liverpool City Centre just 2.5 miles away.
ACCOMMODATION
Ground Floor: Commercial space with separate w/c and kitchenette.
First Floor: Reception room, bathroom, kitchen, lounge.
Second Floor: Three double bedrooms.
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 £1250 + 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.