Lot 23 - Tuesday 4th April 2017 -North Star Public House & Flat 294 Laird Street, Birkenhead, Birkenhead, Merseyside, CH41 8ER

For Sale by Auction 4th April 2017WHY BUY?10 letting roomsRecently refurbishedBar let on 10yr lease £24,000paFully double glazed & central heatedPotential income in excess £70,000paIdeal as a HMO subject to consentsDESCRIPTIONThis is a large corner property that is configured to provide a fully trading public house as well as residential accommodation to the upper floors. The whole building was refurbished within the last 3 years. The public House is on a 10 year lease with approximately 7/8yrs remaining and rent of £24,000pa. The residential accommodation is accessed through a separate side entrance and spread over the first and second floors. There are 10 x lettable bedrooms, 2 x kitchens, communal lounges, 2 x large bathrooms with shared facilities. Ideal as a 10 Bed HMO subject to receiving all necessary consents. If each room was let at £90pppw the potential income for the residential accommodation would be £46,800pa and added to the income from the bar would total in excess of £70,000pa. LOCATIONClose to the junction with Hoylake Road and only a few minutes walk from Birkenhead North Rail Station. Birkenhead park is also close by with Birkenhead Town Centre just 2 miles away.

ACCOMMODATION
Public bar: Bar area, seating area, toilets, store, cellarFirst floor: Lounge, kitchen, 4 x double bedrooms, Bathroom with 2 x shower cubicles & 2 x wcSecond floor: kitchen, 6 x double bedrooms, Bathroom with 2 x shower cubicles & 2 x wcOutside: Yard to rear, on-street parking to front

For Sale by Auction 4th April 2017

WHY BUY?

10 letting roomsRecently refurbishedBar let on 10yr lease £24,000paFully double glazed & central heatedPotential income in excess £70,000paIdeal as a HMO subject to consentsDESCRIPTIONThis is a large corner property that is configured to provide a fully trading public house as well as residential accommodation to the upper floors. The whole building was refurbished within the last 3 years. The public House is on a 10 year lease with approximately 7/8yrs remaining and rent of £24,000pa. The residential accommodation is accessed through a separate side entrance and spread over the first and second floors. There are 10 x lettable bedrooms, 2 x kitchens, communal lounges, 2 x large bathrooms with shared facilities. Ideal as a 10 Bed HMO subject to receiving all necessary consents. If each room was let at £90pppw the potential income for the residential accommodation would be £46,800pa and added to the income from the bar would total in excess of £70,000pa. LOCATIONClose to the junction with Hoylake Road and only a few minutes walk from Birkenhead North Rail Station. Birkenhead park is also close by with Birkenhead Town Centre just 2 miles away.

ACCOMMODATION

Public bar: Bar area, seating area, toilets, store, cellarFirst floor: Lounge, kitchen, 4 x double bedrooms, Bathroom with 2 x shower cubicles & 2 x wcSecond floor: kitchen, 6 x double bedrooms, Bathroom with 2 x shower cubicles & 2 x wcOutside: Yard to rear, on-street parking to front