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Lot 6 - Thursday 21st July 2016241-245 Stanley Road, Kirkdale, Liverpool, Liverpool, L5 7QD

Offers in the Region Of £175,000

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WHY BUY?Substantial mixed use premisesCurrently producing £12,000 per annumTakeaway plus 7 x 1 bedroom flatsPotential income in excess of £35,000DESCRIPTIONA substantial three storey mixed use property comprising of a large ground floor fast food takeaway plus 7 x 1 bedroom self-contained flats. The retail unit plus the ground floor flat are currently let to 'Chicksters' on a 10 year lease from June 2010 currently at £12,000 per annum with 2 yearly rent reviews. The 6 flats are all in need of a full scheme of refurbishment, but fully let the potential gross rental income is in excess of £35,000 per annum.LOCATIONSituated fronting Stanley Road on the corner of Snowdrop Street in a busy main road location approximately 1 mile from Liverpool city centre.ACCOMMODATIONGround Floor: Fast food takeaway, sales area, prep area, rear kitchens, WC plus self-contained one bedroom flat.First and Second Floors: 6 x 1 Bedroom self-contained flats comprising of living room, bedroom, kitchen, bathroom/WCOutside: Yard to rear

WHY BUY?Substantial mixed use premisesCurrently producing £12,000 per annumTakeaway plus 7 x 1 bedroom flatsPotential income in excess of £35,000DESCRIPTIONA substantial three storey mixed use property comprising of a large ground floor fast food takeaway plus 7 x 1 bedroom self-contained flats. The retail unit plus the ground floor flat are currently let to 'Chicksters' on a 10 year lease from June 2010 currently at £12,000 per annum with 2 yearly rent reviews. The 6 flats are all in need of a full scheme of refurbishment, but fully let the potential gross rental income is in excess of £35,000 per annum.LOCATIONSituated fronting Stanley Road on the corner of Snowdrop Street in a busy main road location approximately 1 mile from Liverpool city centre.ACCOMMODATIONGround Floor: Fast food takeaway, sales area, prep area, rear kitchens, WC plus self-contained one bedroom flat.First and Second Floors: 6 x 1 Bedroom self-contained flats comprising of living room, bedroom, kitchen, bathroom/WCOutside: Yard to rear

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You will pay
£5,250
• 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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